The 'NY Fed Treasury Purchases 22.5 to 30 yrs' refers to the Federal Reserve Bank of New York's buying of long-term U.S. Treasury securities with maturities between 22.5 and 30 years. This action is part of the Fed's open market operations aimed at influencing interest rates and providing liquidity to the financial system. By purchasing these long-term securities, the Fed helps to lower long-term interest rates, which can stimulate borrowing and investment, thereby supporting economic growth. This event is significant as it signals the Fed's monetary policy stance and can impact bond yields, stock markets, and the overall economic outlook.
The 'NY Fed Treasury Purchases 22.5 to 30 yrs' refers to the Federal Reserve Bank of New York's buying of long-term U.S. Treasury securities with maturities between 22.5 and 30 years. This action is part of the Fed's open market operations aimed at influencing interest rates and providing liquidi...