Tuesday, July 28, 2015

Investors Dismiss Fed With Bids for U.S. Notes at Six-Year High - Bloomberg Business

Investors Dismiss Fed With Bids for U.S. Notes at Six-Year High - Bloomberg Business: "Any trepidation about the Federal Reserve's plan to raise interest rates this year was not enough to damp demand at the Treasury's $26 billion auction of two-year notes.
Foreign central banks and mutual funds came away with 54.4 percent of the debt, the biggest share since 2009. The U.S. central bank will complete a two-day meeting Wednesday and issue a statement about its rate plans."



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