"Describes how the Fed and the Treasury fashioned the instruments, facilities, and procedures needed to advance their respective policy objectives in the context of a free market for Treasury debt following the end of World War II. Describes how open market operations evolved fr…
"Describes how the Fed and the Treasury fashioned the instruments, facilities, and procedures needed to advance their respective policy objectives in the context of a free market for Treasury debt following the end of World War II. Describes how open market operations evolved fr…
"Since it was first published in 1989, The Treasury Bond Basis has grown to become a mandatory reference book for every professional trader of Treasury bond and note futures. An insightful analysis of the complex relationship between the cash market and futures market for Treasu…
This dissertation examines the historical roots of Federal Reserve liquidity support policies in the market for U.S. Government securities during the early years of the central bank’s existence, 1920-1961. Drawing on the Federal Reserve System’s archival records, records of cong…
The market for U.S. Treasury securities is a marvel of modern finance. In 2009 the Treasury auctioned #8.2 trillion of new securities, ranging from 4-day bills to 30-year bonds, in 283 offerings on 171 different days. By contrast, in the decade before World War I, there was only…
"The market for U.S. Treasury securities is a marvel of modern finance. In 2009 the Treasury auctioned $8.2 trillion of new securities, ranging from 4-day bills to 30-year bonds, in 283 offerings on 171 different days. By contrast, in the decade before World War I, there was onl…
The market for U.S. Treasury securities is a marvel of modern finance. In 2009 the Treasury auctioned $8.2 trillion of new securities, ranging from 4-day bills to 30-year bonds, in 283 offerings on 171 different days. By contrast, in the decade before World War I, there was only…
The market for U.S. Treasury securities is a marvel of modern finance. In 2009 the Treasury auctioned #8.2 trillion of new securities, ranging from 4-day bills to 30-year bonds, in 283 offerings on 171 different days. By contrast, in the decade before World War I, there was only…
