POMO

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...

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...

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...

The Federal Reserve Bank of New York has completed its daily POMO, with the Fed monetizing $7.2 billion worth of debt. Nearly $29 billion worth of debt was submitted, making this auction more than 4 times oversubscribed. The maturity dates being bought back were 05/31/2013 - 11/15/2014. For a full...

In today's POMO, the Federal Reserve Bank of New York monetized $5.4 billion worth of Treasuries. Today's auction was more than 6 times oversubscribed, as dealers submitted $33.527 billion worth of bonds. The bonds that the Fed bought expire in 2012 to 2013. For a full list of CUSIPs purchased,...

The Federal Reserve Bank of New York just concluded its POMO, and it purchased $7.9 billion worth of bonds. Dealers offered $28.005 billion in bonds, meaning the auction was 4-1 oversubscribed. Stocks are off their best levels of the day, with the Dow up 35 points, the S&P 500 is up 2.5 points...

Is the $600 billion gorilla in the room going to be nothing more than a barrel of monkeys? The first instance of QE2 started today, and it went off with a whimper, as POMO first had a technical glitch, and isn't doing much,as stocks are continuing to slide, with the major market averages off around...

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...

The Federal Reserve Bank of New York has extended the closing of today's POMO to 11:30, instead of the usual 11:00, due to technical difficulties. The NY Fed is expected to buy between $6-$8 billion in today's round of POMO, which is the first of many between now and December 9. The broader markets...

Headlines have just crossed that the Federal Reserve, and its arm, the Federal Reserve Bank of New York, will conduct 18 POMO dates between now and early December. In total, the Fed will buy $105 billion worth of bonds in the 18 dates. More on this story as it comes.

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.

The Federal Reserve Bank of New York conducted its POMO today, and bought $1.66 billion in bonds, inline with expectations. Dealers offered $39.152 billion in debt maturing from 2013 to 2014. Here are the full results for today's operations.

Federal Reserve Bank of New York completed its Permanent Open Market Operations (POMO) today, monetizing $4.7 billion in bonds. Here is the full report. After the completion of POMO, the markets are mixed, with the s&p 500 and the NASDAQ trading higher, and the Dow is down by 26 points.