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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Fed Natl Mtge Ass | TG:FNM | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.06 | 2.36% | 2.60 | 2.56 | 2.62 | 2.62 | 2.54 | 2.60 | 5,410 | 22:50:16 |
The U.S. Federal Reserve has started talks with bond dealers about the use of reverse repurchase agreements to drain some of the $1 trillion of cash injected into the economy, Bloomberg News reported Tuesday, citing people with knowledge of the discussions.
There's no sense that policy makers intend to withdraw funds anytime soon, Bloomberg reported the people, who declined to be identified because the talks are private, as saying.
Deborah Kilroe, a spokeswoman for the Federal Reserve Bank of New York, declined to comment about meetings with dealers, Bloomberg said on its Web site.
Full story: http://www.bloomberg.com/apps/news?pid=20601087&sid=ax.FBWNLB5_o
1 Year Fed Natl Mtge Chart |
1 Month Fed Natl Mtge Chart |
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