The FED executed another POMO (Permanent Open Market Operation) purchase took place, with a purchase of $8.257 billion dollars bringing the total since August 17th 2010 to $121.864 billion dollars.
As we look at the cumulative graph, the curve is starting to point sharper. I think we are going to see this move much sharper over the next few weeks (meaning accelerating printing).
Operation 1 - RESULTS
| Operation Date: | 11/22/2010 |
| Operation Type: | Outright Coupon Purchase |
| Release Time: | 10:15 AM |
| Close Time: | 11:00 AM |
| Settlement Date: | 11/23/2010 |
| Maturity/Call Date Range: | 02/15/2018 - 11/15/2020 |
| Total Par Amt Accepted (mlns) : | $8,257 |
| Total Par Amt Submitted (mlns) : | $33,513 |
No comments:
Post a Comment