Friday, October 11, 2019

Fed to Start Buying $60 Billion of Treasury Bills Per Month

BUILDING-UP
THE BALANCE SHEETS > Every month $60B until Q2 2020
Published on Oct 11, 2019
Views: 103 in just minutes!
Oct.11 -- The Federal Reserve said on Friday it will begin buying $60 billion of Treasury bills per month in mid-October as it seeks to rebuild its balance sheet and avoid a repeat of the turmoil that racked the money markets in September. Bloomberg's Mike McKee reports on "Bloomberg Markets: European Close."

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Believe it or not > This is severa degrees above the daily "normal" for summer temperatures...remainder of the week a degree or two warmer :)

  US National Weather Service Phoenix Arizona   t͏ o͏ r͏ o͏ S͏ d͏ n͏ p͏ e͏ s͏ 5͏ 3͏ 8͏ c͏ u͏ 5͏ a͏ 6͏ 1͏ t͏ f͏ 2͏ c͏ 6͏ m͏ g͏ 4͏ u͏ i͏ 1͏ 5͏...