The Fed may begin its bond purchases with $500 billion over six months, according to a report from Goldman Sachs Group Inc. economists led by Jan Hatzius in New York. The company, a primary dealer, said policy makers will announce the plan after their November meeting. Ultimately the central bank may buy $2 trillion of assets, the note said.
Treasury Draws Negative Yield for First Time During TIPS Sale
October 26, 2010
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