The Fed buys $4.765B in Treasurys, of $18.578B offered by dealers, in its latest reinvestment of...

|By:, SA News Editor

The Fed buys $4.765B in Treasurys, of $18.578B offered by dealers, in its latest reinvestment of maturing securities. The central bank committed to continue POMO buybacks over the next couple of quarters along with the $600B in new asset purchases. The 10-year Treasury booming, with yield -0.10 to 2.47%.