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Market Overview

NY Fed

  • AAL, ALLY, Ally Invest, American Airlines Bankruptcy, Asset Managers, Canada

    'Psychological Milestone': Stock Market Update For The Week Ahead

    Sunday, August 23, 2020 - 2:56pm

    The Last Week In A Nutshell What Happened: “The market has taken us on a roller coaster ride that no one would have believed — from the depths of March 2020, when we dropped to a level last seen in 2016 (e.g., $2,237.40 on the S&P 500) to a 51% rally back to reclaim an all...

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  • ALLY, auto credit, Auto Loans, CACC, COF, Edmunds.com

    Will The Coming Subprime Auto Loan Calamity Affect Tesla?

    Thursday, April 13, 2017 - 1:32pm

    The deterioration in U.S. auto credit is expected to continue in 2017, Fitch Ratings said in a report released in early April. Specifically, the firm sees auto asset-backed securities portfolios at risk. With subprime loan saga rearing its ugly head once again, auto lenders, as well as automakers...

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  • NY Fed, POMO, Politics, Economics

    Fed Buys $6.8 Billion During Today's POMO

    Friday, December 3, 2010 - 12:34pm

    The NY Federal Reserve concluded its latest round of POMO today, by buying $6.81 billion worth of bonds in today's auction. Dealers offered to sell the Fed $21.67 billion worth of U.S. Treasuries, meaning the auction was more than 3 times oversubscribed. The U.S. Treasuries that were purchased...

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  • NY Fed, POMO, Economics

    Fed Monetizes $6.8 Billion In POMO

    Tuesday, November 30, 2010 - 12:12pm

    The NY Fed just concluded its daily POMO, in which it monetized $6.8 billion worth of Treasuries, the NY Fed said on its website. Dealers offered $23.5 billion worth of bonds, meaning it was almost 4 times oversubscribed. The maturities purchased were 12/31/2014 - 05/31/2016. For a full list of...

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  • NY Fed, POMO, Economics

    Fed Buys $7.2 Billion In Days' Second POMO

    Monday, November 29, 2010 - 3:12pm

    The second POMO session of the day conducted by the NY Fed has just concluded, and the government bought $7.2 billion worth of Treasury securities. The Federal Reserve Bank of New York bought $7.226 billion in Treasury debt. Dealers offered $29.502 billion, meaning it was more than 4 times...

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  • NY Fed, POMO, Economics

    Morning POMO Done

    Monday, November 29, 2010 - 12:19pm

    The NY Fed has just concluded its morning POMO, by buying $2.17 billion in U.S. Treasuries. The maturities purchased during the auction were 2/15/2021 and 11/15/2027. Money managers submitted $13.9 billion during the auction, meaning it was over 6 times oversubscribed. For a full list of CUSIPs...

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  • NY Fed, POMO, Economics

    Fed Monetizes $1.6 Billion During POMO

    Tuesday, November 23, 2010 - 12:09pm

    The NY Fed has monetized $1.6 billion during its permanent open market operations (POMO) today. Managers submitted nearly $8.6 billion in bonds, making the auction over 5 times oversubscribed. The NY Fed purchased a wide array of maturities, ranging from 07/15/2012 - 02/15/2040. For a full list of...

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  • NY Fed, POMO, Economics

    Fed Monetizes $8.3 Billion During POMO

    Monday, November 22, 2010 - 12:19pm

    The NY Federal Reserve has just concluded its POMO for today, monetizing $8.3 billion in bonds, inline with market expectations. The Fed said it would be buying back $7-$9 billion in today's auction. Managers submitted $33.51 billion worth of bonds, which made the auction more than 4 times...

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  • NY Fed, POMO, Politics, Economics

    Fed Buys $2.17 Billion In POMO

    Friday, November 19, 2010 - 12:08pm

    In today's POMO, the NY Federal Reserve has purchased $2.169 billion worth of longer term dated U.S. Treasuries. Dealers offered the Federal Reserve $11.067 billion in 2028-2040 debt, meaning the auction was more than 5 times oversubscribed. Stocks are off their worst levels of the day, with the...

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  • Automobile Manufacturers, Consumer Discretionary, GM, NY Fed, POMO, Economics

    POMO Starts In Just A Few Minutes

    Friday, November 19, 2010 - 11:10am

    The hype of the General Motors (NYSE: GM) IPO is over, and everyone can return to their regularly scheduled POMO. Today's auction starts in just a few minutes and will buy between $1.5 billion and $2.5 billion worth of debt. The expiring maturities are 8.15.2028 to 11.15.2040. The broader markets...

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  • NY Fed, POMO, Economics

    Fed Buys $7.2 Billion In POMO

    Friday, November 12, 2010 - 12:39pm

    In the first round of POMO, the NY Fed has purchased $7.2 billion worth of U.S. Treasury bonds. $29.04 billion worth of bonds were submitted. The indexes are still down sharply, with the Dow off 70 points, the S&P 500 is lower by 10 points and the NASDAQ is worse by 23 points. For a full list...

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  • NY Fed, Zerohedge, Economics

    Fed Announcing Additional POMO Schedule Today

    Wednesday, November 10, 2010 - 11:15am

    In a tweet from Zerohedge, the NY Fed will announced an additional schedule of its Permanent Open Market Operations (POMO) today at 2 p.m. POMO is monetizing the U.S. debt in which the Fed buys the debt that money managers hold.

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  • NY Fed, POMO, Economics

    Last Day Of POMO Before New Schedule

    Monday, November 8, 2010 - 9:44am

    Today is the last regularly scheduled Permanent Open Market Operation (POMO) from the New York Fed, until a new schedule is announced on Wendesday, November 10. The auction is scheduled to take place around 10 a.m., and conclude around 11 a.m.

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  • NY Fed, Politics, Economics, Intraday Update

    Fed Monetizes $4.8 Billion During POMO

    Thursday, November 4, 2010 - 11:17am

    The Federal Reserve Bank of New York just concluded its POMO operations for today, and it monetized $4.8 billion worth of U.S. Treasuries, maturing from 2014 to 2016. $18.5 billion worth of bonds were submitted, making it 4-1 oversubscribed. Here is a list of the CUSIPS that were bought by the NY...

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  • Empire State Manufacturing Survey, News, NY Fed, Economics, Markets

    Manufacturing Conditions Improving Slowly In New York

    Thursday, July 15, 2010 - 11:14am

    This shows that although the business sector is growing, July has yielded slower growth than the previous months since the peak in April 2010, according to the Calculated Risk blog. The index number of employees drifted downward for a second consecutive month, showing 22.4 in May to 12.4 in June,...

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