The Fed buys $2.91B in Treasurys maturing 2014-2015, of $15.86B offered by dealers. No, it's not...

|By:, SA News Editor

The Fed buys $2.91B in Treasurys maturing 2014-2015, of $15.86B offered by dealers. No, it's not QE2, but the central bank is continuing to reinvest proceeds from agency debt and agency MBS. Treasurys overall are higher: the 30-year yield -0.02 to 4.36%; 10-year -0.03 to 3.09%; five-year -0.04 to 1.64%.