Tag: term securities lending facility

Federal Reserve Creates Term Securities Lending Facility – Market Rallies

| March 12, 2008 | 0 Comments

Yesterday the Dow Jones Industrial Average gained more than 400 points.  It was truly amazing!  I normally don’t encourage people to watch the market minute by minute, but yesterday’s rally was something to behold.  Everything on the screen was green. Why the rally? News came out yesterday of a novel way for the Federal Reserve […]

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