In New York, it is announced that Treasury bond buy out operations worth 6.8 billion Dollar will take place this week.
The Federal Reserve Bank of New York announced Treasury bond buyouts totaling approximately $6.8 billion, from Monday to Friday, including a large buyout of $6.08 billion today at 9 AM Eastern Time, for bonds maturing between 4 and 12 months. These "reserve management" operations, which began on December 10, aim to add about $40 billion in bonds this month to meet rising demand for reserves and seasonal factors such as tax payments, following the end of the quantitative tighte
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