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    20.10.2015 15:02 New York Fed President William Dudley: the Treasury markets is a key for the implementation of monetary policy

    New York Fed President William Dudley said on Tuesday that the Treasury markets is a key for the implementation of monetary policy.

    "The Treasury market plays a unique and crucial role in our economy, and in global financial markets more broadly. Treasury securities serve as a liquid investment and hedging vehicle for global investors, a ready source of collateral for many financial transactions and serve as a risk-free benchmark for other financial instruments. The Treasury market is important for the Federal Reserve's implementation of monetary policy," he said.


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