Thursday, July 23, 2009

 

Treasuries Little Changed as Fed Prepares to Buy Bonds Today

Treasuries were little changed, halting yesterday’s decline, before the Federal Reserve buys bonds today as part of its plan to cap consumer borrowing costs... The central bank is scheduled to purchase Treasuries maturing from August 2026 to May 2039, according to its Web site, under a program to scoop up $300 billion of government securities over six months...

Bloomberg: Treasuries Little Changed as Fed Prepares to Buy Bonds Today

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