POMO Starting, $0.5-$1 Billion Being Purchased
There is a permanent open market operation (POMO) auction today, with the Federal Reserve buying between $0.5 and $1 billion in U.S. Treasuries today.
The maturities being purchased are 08/15/2021-05/15/2041. When the auction is over, Benzinga will bring you the results.
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Posted-In: Federal Reserve POMOEconomics