NY Fed Issues New Bond Buying Policy PR Stating That Yield Curve Control Has Restarted?
- WallStForMainSt
On Thursday the NY Fed issued a press release updating their bond buying policy for US Treasuries. Read the PR here: BRIEF-NY Fed Issues Statement Regarding Treasury Securities Operations https://www.msn.com/en-us/money/marke…
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It seems the Fed will not be “modestly” reducing its US Treasury purchases on the front end of the yield curve and switching its bond purchases more toward the long end of the yield curve to try to cap interest rates in an acceptable range.
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