Fed's Kocherlakota: Didn't Talk About Dollar When Talking About Qe; There Was a Reason For That

Fed Bids For 57-Day Cash Management Bills Total $0.0 Mln

Tentative Tender of Non-Comps, Fima For 57-Day Cash Management Bills Total $2.9 Mln; Competitive Remaining $25.0 Bln

Non-Comps Accepted For U.s. 57-Day Cash Management Bills $2.9 Mln

Fed's Kocherlakota: in Longer Run, There Has to Be Commitment to Get Fiscal House in Order