Month: June 2020

On a transaction basis, foreigners sold $176.703 billion in Treasuries in April, compared with sales of $298.910 billion in March, the U.S. Treasury Department said.

Under the latest guidelines, the Fed said it will buy, on the secondary market, individual bonds that have remaining maturities of five years or less. Those purchases will go along with the ETFs the Fed already has been buying, which are balanced toward investment-grade indexes but also include some junk bond funds that track debt which had been investment grade before the crisis but had been downgraded after.