More “Operation Twist” from the Fed
RichC | June 20, 2012
Of course … it is also an election year. Hmm? How much will the market move when Federal Reserve Chairman Bernanke speaks this afternoon? Operation Twist, in which the central bank sells short-term securities and buys the same amount of longer-term debt to lengthen the average maturity of its holdings and keep borrowing costs low, […]