 |
|
Home | Fed embarks on $400bn project “Twist” |
 |
Fed embarks on $400bn project “Twist”
|
 |
- September 21, 2011
-
The Federal Reserve intends to sell $400 billion of shorter-term Treasury securities by the end of June 2012, and use the cash generated to buy longer-term Treasury securities. The plan, labelled project “Twist” will put downward pressure on longer-term interest rates, including rates on financial assets that investors consider close substitutes for longer-term Treasury securities. [...]
- Read more at:http://www.bankingtimes.co.uk/2011/09/22/fed-embarks-on-400bn-project-twist/
|
 |
|
 |
|
 |
