-
Tightening Financial Conditions
Thursday, August 24, 2023 - 3:28pm | 3739Disorderly Disinversion As 10-year Treasuries (USTs) decisively broke above the October ‘22 closing high of 4.24% and real 10s (TIPS) surged towards 2%, their highest level since the financial crisis, the explanatory narrative evolved from increased Treasury supply and reduced foreign demand...
-
Fed Purchases $5 Billion During POMO as Part of Operation Twist
Tuesday, November 15, 2011 - 12:04pm | 75The New York Federal Reserve purchased $4.964 billion in U.S. Treasury debt during its permanent open market operations (POMO) today as part of its Operation Twist program. Dealers submitted $17.397 billion worth of debt, with the government receiving almost four bids for every one it accepted....