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IPFS News Link • Federal Reserve

Fed buys $2.949 billion in Treasurys

• Marketwatch
 Policy makers plan to finish the buybacks later this month, which have been an effort to keep down borrowing costs, particularly for companies and homebuyers. After the buyback, yields on benchmark 10-year notes, which move inversely to prices, remained down amid concerns about the strength of the economy's recovery. 

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