U.S. commercial paper market shrinks in week: Fed

October 27, 2016 9:48 AM EDT

Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here.

NEW YORK (Reuters) - The amount of U.S. commercial paper contracted in the week ended Oct 26 Federal Reserve data showed on Thursday.

U.S. seasonally adjusted commercial paper outstanding fell $2.2 billion to $903.1 billion in the latest week.

Non-seasonally adjusted commercial paper outstanding - which some analysts consider a more reliable reading than the seasonally adjusted one since it has been distorted by the financial crisis - rose $5.6 billion to $948.4 billion.

U.S. non-seasonally adjusted foreign financial commercial paper outstanding rose $3.8 billion to $200.6 billion.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Economic Data, General News, Reuters

Add Your Comment