The NY Fed begins acting on the much-ballyhooed Operation Twist on Monday with the purchase of...

|By:, SA News Editor

The NY Fed begins acting on the much-ballyhooed Operation Twist on Monday with the purchase of $2.25B-$2.75B of Treasurys maturing between 2036-2041. It will enter the market as a seller on Wed. with the sale of $8B-$9B in Treasurys maturing within the next 9 months. (Fed schedule)