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Statement Regarding Purchases of Treasury Securities and Age

Daily newsbrief journal for December 2012, also see http://www.usdemocrats.com/brief for a global compendium library and follow twitter @usdemocrats


Statement Regarding Purchases of Treasury Securities and Age

Postby admin » Wed Dec 12, 2012 8:55 pm

Statement Regarding Purchases of Treasury Securities and Agency Mortgage-Backed Securities
from NY Fed | News
On December 12, 2012, the FOMC directed the Open Market Trading Desk at the New York Fed to purchase longer-term Treasury securities after the maturity extension program is completed at the end of December 2012, initially at a pace of about $45 billion per month. The FOMC also directed the Desk to continue purchasing additional agency mortgage-backed securities at a pace of about $40 billion per month.
http://www.newyorkfed.org/markets/opoli ... 21212.html
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