Originally posted by JJDoggie84
reply to post by asperetty
The fed announced yesterday that it would be buying a turd load of treasury bonds... Can anyone get the number? I can't seem to find it.
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The Fed can “reverse” What
Published On Wednesday, September 21, 2011 By admin. Under: Financial News. Tags: The Fed can "reverse" what the Fed www.stockmarkettoday.cc...
Sept. 22 (Bloomberg) -- Asian stocks and oil slumped, while South Korea's won slid to a one-year low, after the Federal Reserve flagged "significant downside risks" to the economy and Moody's Investors Service cut debt ratings on U.S. banks. The MSCI Asia Pacific Index dropped 1.7 percent as of 9:21 a.m. in Tokyo. Standard & Poor's 500 Index futures rose 0.1 percent following a three-day slump in the U.S. stocks gauge. Treasury 10-year yields fell to a record low. Oil lost 1.8 percent in New York and copper dropped 1.6 percent in London. South Korea's won sank 2.3 percent against the greenback as the Dollar Index reached a seven-month high. New Zealand's dollar fell 0.6 percent after a government report showed economic growth almost stalled last quarter.