CME Group Inc. intends to broaden the base of traders for its core interest-rate product line, launching in October a futures market tapping into the mammoth supply of U.S. government debt sold at auction. Get the full story »
Inside these posts: Long-term Treasury securities
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Fed turns to government bonds to boost economy
The Federal Reserve said Tuesday that it would begin funneling proceeds from its maturing mortgage bonds into longer-term government debt in an effort to support a sputtering economic recovery.
The Fed, which left benchmark overnight interest rates steady in a zero to 0.25 percent range, also renewed its pledge to keep them low for an extended period, as widely expected. Get the full story »