This Wednesday, the Fed is expected to reveal its latest effort in improving the nation’s financial woes. Dubbed “Operation Twist,” the objective features the purchase of longer term debt that will likely stimulate the economy. Analysts have confidence that the plan has already been included in market pricing.
In anticipation of the Fed’s announcement, Wall Street’s leading bond traders are acquiring treasuries at the most rapid pace since 2007. The increase in demand for treasuries – coupled with anxiety regarding debt in Greece – caused a skyrocket in prices this morning.
This week’s upcoming Federal Open Market Committee (FOMC) meeting is expected to uncover additional market trends.
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