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Dealers cheer Fed's US$216b Treasuries rollover

Central bank will keep its US$2.5t hoard, a legacy of the QE programme, till interest rates are higher
Wednesday, January 20, 2016 - 05:50

New York

IF YOU were under the impression that the Federal Reserve was done buying Treasuries, think again.

While the central bank won't be expanding its balance sheet, about US$216 billion of Treasuries in its portfolio mature in 2016, up from negligible amounts the past few years

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