|Day's range||0.05 - 0.05|
|52-week range||0.05 - 0.08|
|PE ratio (TTM)||-1.61|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|
The dollar touched its lowest in more than a year and U.S. Treasury prices rose on Wednesday after the Federal Reserve left interest rates unchanged and signaled it could begin to cut its massive bond portfolio in the coming months. U.S. stocks held their gains after the statement, hitting record closing highs on another day of strong earnings reports from companies including Boeing (NYSE: BA - news) and AT&T (Sao Paolo: ATTB34.SA - news) . In its statement following a two-day policy meeting, the U.S. central bank said it expected to start winding down its bond holdings "relatively soon." It noted that overall inflation and a measure of underlying price gains had both declined and said it would "carefully monitor" price trends.
U.S. Treasury prices gained on Wednesday after the Federal Reserve indicated that it is likely to begin paring its balance sheet in the coming months and struck a slightly dovish tone on inflation. The ...
The CME Group said on Wednesday that it will develop futures and options based on the repurchase agreement market, after a bank committee in June selected a benchmark repo rate to be used as an alternative to Libor in derivatives transactions. The Alternative Reference Rates Committee (ARRC) selected a broad repo rate as a new benchmark at the behest of regulators, including the Federal Reserve, which worried that a decline in short-term bank lending since the 2008 financial crisis undermined faith in Libor, as the London interbank offered rate is known, and posed risks to the trillions of dollars of derivatives backed by the rate.