Numbers by Barron's

Federal Reserve Bank of New York Borrows $486 Billion

Episode Summary

The Federal Reserve Bank of New York borrows billions of dollars through the reserve purchase facility. The face value of corporate bonds issued by nonfinancial companies hits $7.7 trillion. And China's foreign currency reserves are down. Host: Matthew Klein. Producer: Katie Ferguson.

Episode Notes

The Federal Reserve Bank of New York borrows billions of dollars through the reserve purchase facility. The face value of corporate bonds issued by nonfinancial companies hits $7.7 trillion. And China's foreign currency reserves are down. Host: Matthew Klein. Producer: Katie Ferguson.