Treasury Buyback
July 1st, 2009 12:04 pm | by John Jansen |The Open Market Desk purchased $ 3billion of securities in the August 2019 through February 2026 sector. Dealers had offered $ 9.4 billion
There was some modest disappointment at the size. One trader suggested that the street was anticipating $ 3.5 billion.
The same trader noted that the Federal Reserve owns 35 percent of several issues in the sector and that led them to buyer a broader swath of the sector instead of concentrating in just a couple of bonds.
