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Home > Fed Extends Closing Time Of First POMO By 15 Minutes

Fed Extends Closing Time Of First POMO By 15 Minutes

By Tyler Durden
Created 12/09/2013 - 11:02
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 12/09/2013 11:02 -0500



 

First, delayed Bill auctions [4]due to "technical glitches"... Now the first POMO of the day delayed by 15 minutes. Is Central Planning proving to be a touch problematic, or is this merely a slight disturbance in the farce?

The good news is that if the Fed screws it up with POMO #1, there is always POMO #2 at 1 pm.

 

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Source URL: http://www.zerohedge.com/news/2013-12-09/fed-extends-closing-time-first-pomo-15-minutes

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[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/9652
[3] http://www.zerohedge.com/taxonomy_vtn/term/12415
[4] http://www.zerohedge.com/news/2013-12-02/us-treasury-postpones-3-6-month-bill-auctions-due-auction-system-failure