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The Fed Keeps Twisting and Tells Us the Economy is in the Wind

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twistThe Federal Reserve will extend their Operation Twist past the June 2012 deadline and downgraded the economic outlook. Originally Operation Twist was $400 billion in Treasuries that were maturity dates of 3 years of less turned into T-bills with maturity dates of 6 to 30 years.

Here is the twist details from the NY Fed:


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