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Fed Buys $1.799 Billion In Treasurys
MarketWatch/FoxBusinessNews ^ | 9/16/09 | Deborah Levine

Posted on 09/16/2009 9:31:15 AM PDT by Kartographer

The Federal Reserve Bank of New York bought $1.799 billion in Treasurys on Wednesday, in the last of two buybacks this week.

(Excerpt) Read more at foxbusiness.com ...


TOPICS: Business/Economy; Government
KEYWORDS: thefed
PRINT BABY PRINT!!!!!!!!!!!!!!!!
1 posted on 09/16/2009 9:31:16 AM PDT by Kartographer
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To: Kartographer

How much money does our government owe itself now?


2 posted on 09/16/2009 9:32:16 AM PDT by DonaldC
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To: Kartographer

Baghdad Benny...”The recession is over!”


3 posted on 09/16/2009 9:32:30 AM PDT by Regulator (Welcome to Zimbabwe! Now hand over your property)
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To: Kartographer

4 posted on 09/16/2009 9:33:51 AM PDT by Diogenesis ("Those who go below the surface do so at their peril" - Oscar Wilde)
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To: Regulator
”The recession is over!”

Its over aslong as the 'guberment' can keep borrowing money from itself.

5 posted on 09/16/2009 9:34:30 AM PDT by Kartographer (".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
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To: Kartographer

Monetizing our debt, and no one has the guts to stand up and say it. The road to economic perdition and not a peep from anybody...until it’s too late...and then the finger pointing will be fierce.


6 posted on 09/16/2009 9:35:24 AM PDT by Obadiah (Obama: Chains you can believe in!)
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To: Kartographer
That's right: just keep monetizing the debt and everything will be just fine...


7 posted on 09/16/2009 9:36:45 AM PDT by andy58-in-nh (America does not need to be organized: it needs to be liberated.)
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To: Obadiah

8 posted on 09/16/2009 9:38:16 AM PDT by Iron Munro ("You can't kill the beast while sucking at its teat." - Claire Wolfe)
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To: Regulator

>> Baghdad Benny...”The recession is over!”

However, inflation and devaluation are just getting started.


9 posted on 09/16/2009 9:45:00 AM PDT by Nervous Tick (Stop dissing drunken sailors! At least they spend their OWN money.)
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To: Kartographer

Printing $$$ at unprecedented pace.

It will be interesting to see what happens to inflation. And interesting to see what happens to rates on Treasuries when the Fed buying is eliminated.

My money is on rates/inflation rising.


10 posted on 09/16/2009 9:45:17 AM PDT by dashing doofus (Those who are too smart to engage in politics are punished by being governed by those who are dumber)
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To: Kartographer

Gold is now $1017/ounce.


11 posted on 09/16/2009 9:52:05 AM PDT by bigcat32
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To: Kartographer

The bottom line is that someone dumped 1.799 Billion of our Treasuries.


12 posted on 09/16/2009 9:53:57 AM PDT by Concho
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To: Concho

a little touchiness over the tire issue, eh?


13 posted on 09/16/2009 9:58:58 AM PDT by Buckeye McFrog
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To: Buckeye McFrog

I have no proof of who it was, but there are only two parties to a monetary trade, and that is a seller and a buyer. China told Obumbler that they would do that so perhaps they are sending him a message.


14 posted on 09/16/2009 10:09:45 AM PDT by Concho
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