San Francisco Federal Reserve Bank President John Williams said Wednesday night the Fed should fully replace the "Operation Twist" Treasury security purchases which are due to expire in December by expanding its "QE3" asset purchase program.
John Williams: Should Replace Twist at $85B/Mo Rate
NOV 15, 2012 7:38am ET
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A recent phenomenon is the emergence of bonds with shorter call protection as funding alternatives for municipalities. However, the shorter call protection also dampens the potential upside for investors, which in turn reduces the price they are willing to pay.
the bond buyer conferences
May 1- 2, 2014Hyatt Regency, Baltimore, MD
The Roosevelt Hotel, New York, NY