Tag: Federal Reserve Bank of New York
Fed’s Treasury Market Practices Group sheds light on March liquidity crisis
Minutes of the 31 March meeting of the Federal Reserve’s Treasury Market Practices Group (TMPG), including an update on a 19 March call between...
Fed: No bond ETF fees for BlackRock; JP Morgan still AWOL
Under the new Federal Reserve asset purchasing programme, BlackRock, the asset manager which is acting as the trading function for the programme, will charge...
Fed begins buying bond ETFs
The Federal Reserve Bank of New York has begun to buy fixed income exchange-traded funds (ETFs) via its Secondary Market Corporate Credit Facility (SMCCF)....
BlackRock’s Rieder: Fed will buy at least $1.5 trillion in Treasuries...
Rick Rieder, BlackRock’s chief investment officer of Global Fixed Income, co-manager of the BlackRock Fixed Income Global Opportunities fund and BGF Global Bond Income...
The Fed and BlackRock’s bond-buying criteria challenged
Detail around the Primary Market Corporate Credit Facility (PMCCF) and Secondary Market Corporate Credit Facility (SMCCF) launched by the Federal Reserve Bank of New...
Not fighting the Fed on high yield flow
High yield bonds have seen electronic trading in the US increase, with liquidity enhanced by the Federal Reserve’s announcement on 9 April that it...
The Fed opens registration for commercial paper facility
The Federal Reserve Bank of New York has opened registration for firms wishing to sell to its Commercial Paper Funding Facility (CPFF).
The commercial paper...
“There is no liquidity”: Bond traders report market conditions never seen...
Buy-side bond traders are facing a considerable challenge in matching their investor’s demand for fixed income assets as equity markets plummet. Volumes are up,...
Government & municipal bonds | Investor paradox | Dan Barnes
SWIMMING WITH GOVERNMENTS.
Government agencies are issuers, rival investors, market regulators and controllers of interest rates; how do asset managers handle them? Dan Barnes writes.
Central...
Market news | Treasury liquidity
Fed warns on liquidity mirage for US treasuries.
Making a real-time assessment of market liquidity across multiple venues is more difficult due to high-frequency trading...
