The Fed has bought more
Treasuries on a net basis in one month than these two have bought in six.
Not exact matches
Unfortunately, even though the Department of Finance changed to a gross
basis, the
Treasury Board continued to
base their spending estimates
on a
net basis.
According to Citi, Roche will be able to use its Shanghai FTZ entity to consolidate all renminbi cross-border transactions from domestic participating companies and settle
on a
net basis with the company's offshore
treasury center.
For use with
Net Present Value calculations, the discount rate
based on the most recent 10 - year
Treasury note is 2.75 %.
At a 10 - year
Treasury yield of 1.7 %, interest
on reserves of 0.25 %, and a monetary
base now at about 18 cents per dollar of nominal GDP (see Run, Don't Walk), further purchases of long - term
Treasury securities by the Fed would produce
net losses for the Fed in any scenario where yields rise more than about 20
basis points a year, or the Fed ever has to unwind any portion of its already massive positions.
For non-accreds,
Treasury recommends that the crowdfunding rules be amended to have investment limits
based on the greater of annual income or
net worth for the 5 % and 10 % tests, rather than the lesser.