The FED performed another POMO (Permanent Open Market Operation) purchase today of $8.309 billion dollars. This brings the total since August 17th 2010 to $154.012 billion dollars. You can really see the pick-up in money printing here and the cumulative amount is pointing higher and higher in a shorter amount of time. Already in November and 2 days in December we have eclipsed the amount injected from 8/17/2010 to 11/1/2010. Since 11/4/2010 the FED has injected $89.552 billion to date.
| Operation Date: | 12/02/2010 |
| Operation Type: | Outright Coupon Purchase |
| Release Time: | 10:15 AM |
| Close Time: | 11:00 AM |
| Settlement Date: | 12/03/2010 |
| Maturity/Call Date Range: | 02/15/2018 - 08/15/2020 |
| Total Par Amt Accepted (mlns) : | $8,309 |
| Total Par Amt Submitted (mlns) : | $27,704 |
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