The U.S. Treasury is considering issuing a 50-year Treasury maturity.
Yesterday the Federal Reserve resumed purchasing Treasury bonds in hopes of bolstering the economy and fighting deflation fears. Purchases are being made with proceeds from principal payments on mortgage-backed securities. The Federal Reserve completed its $1.25 trillion purchasing program of agency mortgage-backed securities in March 2010. According to the Web site for the Federal Reserve
It’s an interesting time for market watchers, at least for those of us with no dog in the fight. (What a terrible figure of speech.) Treasury prices swelled last week as investors sought safety from economic and political turmoil across the globe. The trend continued into this week, an Associated Press story reported Tuesday that