FOMC minutes

The Federal Open Market Committee (FOMC) minutes of the Sept 21st 2010 meeting are worth reading. Below are some bullet points: roughly $28 billion principal payments were reinvested into Treasuries with maturities between 2-10 years. Mostly nominal, but a little into TIPS continuing to operate the reverse repo and term deposit facilities on a light [...]

FOMC Minutes – bullet points

The minutes of the March 16th Federal Open Market Committee (FOMC) meeting were released this afternoon. Below are the highlights: nearly all of the Fed’s special liquidity programs are closed and there are no market strains spreads on ABS (asset-backed securities) remains tight Fed’s balance sheet grew to $2.3 trillion All maturing agency debt and [...]