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View Full Version : Dollar Climbs as Federal Reserve Says it Will Buy Longer-Maturity Debt - Bloomberg



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09-21-2011, 04:20 PM
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Dollar Climbs as Federal Reserve Says it Will Buy Longer-Maturity Debt (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHqp0LjB7wGv6nQLhWORa5sl9BY7g&url=http://www.bloomberg.com/news/2011-09-21/dollar-climbs-as-federal-reserve-says-it-will-buy-longer-maturity-debt.html)
Bloomberg
The US currency rallied against 13 or its 16 most-traded counterparts as the Federal Open Market Committee acted to replace short-term Treasuries in its $1.65 trillion portfolio with longer-term debt. The move, known as “Operation Twist” for its goal ...

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