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'Psychological Milestone': Stock Market Update For The Week Ahead
Sunday, August 23, 2020 - 2:56pm | 2252Read More...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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Will The Coming Subprime Auto Loan Calamity Affect Tesla?
Thursday, April 13, 2017 - 1:32pm | 1264Read More...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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Fed Buys $6.8 Billion During Today's POMO
Friday, December 3, 2010 - 12:34pm | 76Read More...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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Fed Monetizes $6.8 Billion In POMO
Tuesday, November 30, 2010 - 12:12pm | 70Read More...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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Fed Buys $7.2 Billion In Days' Second POMO
Monday, November 29, 2010 - 3:12pm | 53Read More...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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Morning POMO Done
Monday, November 29, 2010 - 12:19pm | 76Read More...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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Fed Monetizes $1.6 Billion During POMO
Tuesday, November 23, 2010 - 12:09pm | 63Read More...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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Fed Monetizes $8.3 Billion During POMO
Monday, November 22, 2010 - 12:19pm | 77Read More...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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Fed Buys $2.17 Billion In POMO
Friday, November 19, 2010 - 12:08pm | 88Read More...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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POMO Starts In Just A Few Minutes
Friday, November 19, 2010 - 11:10am | 73Read More...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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Fed Buys $7.2 Billion In POMO
Friday, November 12, 2010 - 12:39pm | 74Read More...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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Fed Announcing Additional POMO Schedule Today
Wednesday, November 10, 2010 - 11:15am | 50Read More...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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Last Day Of POMO Before New Schedule
Monday, November 8, 2010 - 9:44am | 40Read More...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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Fed Monetizes $4.8 Billion During POMO
Thursday, November 4, 2010 - 11:17am | 83Read More...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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Manufacturing Conditions Improving Slowly In New York
Thursday, July 15, 2010 - 11:14am | 139Read More...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,...




