Fed to Purchase $600 Billion in Treasuries
November 04, 2010 at 04:35 AM EDT
Source: Advanced Currency Markets | G10 Advancers and Decliners vs USD EUR 0.58 CHF 0.53 JPY 0.43 GBP 0.30 The Fed announced they will partake in treasury asset purchases to the tune of $600 billion over the next 8 months. The planned $75 billion/month in new treasury debt comes over and above the $35 . . . → Full Story: Fed to Purchase $600 Billion in Treasuries