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| BondsOnline.com: instant access to and extensive coverage of over 3.5 million stocks, bonds, indexes and other securities covering major and emerging markets and exchanges across the globe. |
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| Bonds Online |
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| 5/10/2013Market Performance |
| Municipal Bonds |
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S&P National Bond Index
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3.00% |
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S&P California Bond Index
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2.96% |
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S&P New York Bond Index
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3.13% |
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S&P National 0-5 Year Municipal Bond Index
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0.70% |
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| S&P/BGCantor US Treasury Bond |
400.09 |
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| Income Equities: |
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| Preferred Stocks |
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S&P U.S. Preferred Stock Index
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848.03 |
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S&P U.S. Preferred Stock Index (CAD)
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636.26 |
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S&P U.S. Preferred Stock Index (TR)
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1,701.05 |
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S&P U.S. Preferred Stock Index (TR) (CAD)
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1,276.26 |
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| REITs |
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S&P REIT Index
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174.07 |
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S&P REIT Index (TR)
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425.30 |
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| MLPs |
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S&P MLP Index
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2,469.58 |
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S&P MLP Index (TR)
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5,428.50 |
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See Data
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How Fed's Plan to Buy More Gov't Bonds Will Work |
How the Fed's program to buy $600 billion more in Treasury bonds will work
By The Associated Press - Nov. 3, 2010
THE MECHANICS:
— To buy Treasury debt, the Fed in effect prints money. It does so by expanding its balance sheet, which now stands at $2.3 trillion. The balance sheet has nearly tripled since the end of 2007. That's when the economy slid into recession and the Fed embarked on programs to loosen credit.
— The Federal Reserve Bank of New York actually buys the longer-term government debt. It will buy $600 billion in longer-term Treasury securities by the middle of 2011. In addition, it will use $250 billion to $300 billion in proceeds from its mortgage portfolio to buy government debt over the same period.
Altogether, that translates into the Fed buying, on average, $110 billion a month. Most of those government securities will be in the two- to 10-year range. But roughly 4 percent of the total purchases will be in the 17- to 30-year maturities.
The New York Fed will buy the bonds electronically on the open market. In doing so, it will compete with other investors. During the recession, when the Fed cut its key interest rate to a record low near zero, the New York Fed bought short-term Treasurys. When the Fed wants to tighten credit, the New York Fed sells securities. The process is called "open market operations."
For the complete article visit ABCnews.com
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| Stuff to look at |
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| BondsOnline Advisor |
Income Security Recommendation January 2013 Issue.
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