MW: Fed buys $7.68 bln in bonds; Treasurys unchanged
By Deborah Levine
NEW YORK (MarketWatch) -- The Federal Reserve Bank of New York bought $7.68 billion in Treasury debt on Thursday as part of a program that is the centerpiece of the Fed's loose monetary policy. Dealers offered the Fed $23.41 billion in debt maturing from 2012 through 2013. Treasury prices stayed near little changed after the buyback, having pared gains earlier. Yields on 10-year notes (UST10Y 3.46, +0.00, +0.12%) , which move inversely to prices, inched up 1 basis point to 3.47%.
