Fed Buys $7.3 Billion During POMO

The NY Federal Reserve Bank concluded its Friday edition of POMO and purchased $7.306 billion worth of U.S. Treasuries, during the auction. Dealers submitted $24.887 billion to be purchased. Maturities purchased were from 2015-2016. For a full list of CUSIPs purchased, please visit the NY Fed's website. Stocks are slightly higher, with the Dow up 25 points, NASDAQ up 6 points the S&P 500 is up 4 points, following the conclusion of the auction.