Fed buys $1.3B in Treasurys maturing between 2021 and 2025, just a fraction of the $7.9B offered...

|By:, SA News Editor
Fed buys $1.3B in Treasurys maturing between 2021 and 2025, just a fraction of the $7.9B offered by dealers. The spend was about half the Fed's previous purchases in this range, consistent with its plan to spread more thinly the roughly $6B left in its buyback fund, which expires at month-end.