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Showing 1 - 10 of 27 results for "Operation Twist"

Chief economist update: Bond sell bomb shell

BENJAMIN ONG  |  THURSDAY, 11 JAN 2018
... ended QE2 in June 2011. However renewed weakness in the economy forced the US central bank into implementing "Operation Twist" only three-months later, followed by QE3 in September 2012 - sending US 10-year bond yields from a March 2011 high of 3.57% ...

BOJ goes negative to get postive

BENJAMIN ONG  |  MONDAY, 1 FEB 2016
... positive surprise from the Bank of Japan (BOJ) in the form of negative interest rates. Move over QE and QQE (you too, Operation Twist), we have a new policy measure lexicon in town - and its name is "Quantitative and Qualitative Easing with a Negative ...

Road of no return

BENJAMIN ONG  |  WEDNESDAY, 25 NOV 2015
... mistake? The Fed's no stranger to this. QE1 was set and stopped only to be followed by QE2, stopped... and then "Operation Twist" and then QE3. And wouldn't this create greater uncertainty? The European Central Bank (ECB) tried this before - it raised ...

The Fed could get it wrong

BENJAMIN ONG  |  MONDAY, 23 NOV 2015
... by January of the following year, the fed funds rate target was at 0-0.25%, topped up with QE's 1, 2 & 3 and "Operation Twist". What happens if it gets it wrong again this time? What if the Fed under-estimated the impact of a mere 25bps hike on its economy ...

QEnd is here

BENJAMIN ONG  |  THURSDAY, 30 OCT 2014
... another 2.5% over the next five days before dropping 16.8% by 3 October 2011. It stabilised when the Fed announced "Operation Twist" at its September 2011 meeting, then took off when QE3 was announced on 13 September 2012. "I don't think it's possible" ...

Another October to remember?

BENJAMIN ONG  |  TUESDAY, 22 JUL 2014
... another 2.5% over the next five days before dropping 16.8% by 3 October 2011. It stabilised when the Fed announced "Operation Twist" at its September 2011 meeting, then took off when QE3 was announced on 13 September 2013. Shall we see QE history repeat? ...

Taper trap

BENJAMIN ONG  |  MONDAY, 28 OCT 2013
... eventuated after December 2008's QE1 was stopped on March 2010, only to be replaced by QE2 only eight months later and Operation Twist started three months after QE2 ended in June 2011... followed by QE3 in September last year. And so on and on and on ...

Growth and QE - will this time be different?

BENJAMIN ONG  |  FRIDAY, 30 AUG 2013
... of 3.2% from negative 1.3% in the March quarter.A Fed stopped QE2.A Growth slowed prompting the Fed to launch 'Operation Twist' in September of that year. Dateline September 2012:A 'Operation Twist' not sufficient to game growth, Fed launches QE3.A US ...

The game markets play

BENJAMIN ONG  |  MONDAY, 22 JUL 2013
... created by unwinding prematurely. The Fed has learnt its lesson from the starting and stopping of QE1 and QE2 and Operation Twist. What did they say about fooling me once? While there's still confusion over whether the Fed would really, truly roll back ...

Fed's about to go... or not?

BENJAMIN ONG  |  THURSDAY, 23 AUG 2012
... already knew and are currently in effect - fed funds rate at 0-0.25% "at least through late 2014" extension of Operation Twist and reinvestment of principal payments. At the end of the day, "incoming information on economic and financial developments" ...
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