Un altro sistema per drogare l’economia
(Reuters) - Bond investors see Federal Reserve action to boost the flagging U.S. economy as practically a done deal after Friday's dismal jobs report.
Government data showing the economy failed to create new jobs last month heightened speculation the Fed will launch a program this month to pump money into the economy by pushing down long-term borrowing rates.
The move, known to some in financial markets as Operation Twist, would probably involve the Fed selling shorter-dated Treasuries it holds its balance sheet and buying longer-dated bonds.
The Treasury market appeared to price in greater chances of this after the jobs report, with 30-year long bonds surging 3 points in price.
Post
The Dollar Has Its Worst Start to a Year Since 1973
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It has continued to slide even as President Trump has backed down from his
tariff threats and the U.S. stock market has recovered from its losses.
3 ore fa
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