Federal Reserve Intervention 10-15-07

October 16, 2007 on 1:57 am | In Old Posts |

Wow! These are some eye-opening numbers….

Submitted: $20.5 billion in Treasuries, $17.45 billion in Agency notes, $39.1 billion in MBS

Accepted: $118 million in Treasuries, $8.448 billion in Agency notes, $6.184 billion in MBS
Someone is hurting BADLY out there gang…..

http://www.newyorkfed.org/markets/omo/dmm/temp.cfm 

2 Comments »

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  1. John, I am unsure what these numbers mean, can you elaborate?

    Comment by steve — October 19, 2007 #

  2. John,

    Did you say on Steve’s show this Friday 10/19, that there should be a buying dip for PM after the next Fed rate cut? I need all the help I can get.
    Thanks for your insight.

    Maranatha!

    Comment by Pastor Dan — October 20, 2007 #

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