Banks' Record Treasuries Stockpile Boosts Case for Fed to Hold

Banks' Record Treasuries Stockpile Boosts Case for Fed to Hold Bloomberg U.S. banks are gorging on Treasuries in the latest sign investors expect the Federal Reserve to postpone raising interest rates. Commercial lenders have boosted their holdings to a record $2.15 trillion, based on Fed data. The stake is almost double ... and more »...(read more)

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