The Fed will be buying $75 billion in Treasurys Thursday and Friday as part of stimulus effort | WHAT REALLY HAPPENED X-Frame-Options: SAMEORIGIN

The Fed will be buying $75 billion in Treasurys Thursday and Friday as part of stimulus effort

The Federal Reserve will be buying $75 billion in Treasurys on Thursday and Friday as the central bank ramps up its efforts to keep markets flowing smoothly amid the coronavirus crisis.

In the latest in a frenzied series of developments, the New York Fed laid out a schedule for its purchases across a series of maturities.

In all, the purchases will total $75 billion, an acceleration from the $40 billion total the Fed had originally set when it announced its latest operations to expand its balance sheet.

The schedule looks like this:

Tags:

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA