Monday, January 10, 2011

Fed pays US Treasury record $78.4B last year - Yahoo! Finance

Income from the Fed's portfolio of securities came to $76.2 billion last year, up from $48.8 billion in 2009, Federal Reserve officials said. Such income rose largely because the Fed bought a greater number of securities. Increases in the value of securities also played a role.

In early November, the Fed launched a program to bolster the economy by purchasing $600 billion worth of Treasury debt through June. T

Fed pays US Treasury record $78.4B last year - Yahoo! Finance

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