The Federal Reserve will "roll over" all maturing Treasury principal starting in December

According to ChainCatcher news, as reported by Jinshi, the Federal Reserve mentioned in the FOMC statement that starting from December 1, it will "roll over" the principal payments of all maturing U.S. Treasury bonds. This means that the Federal Reserve will reinvest the principal of maturing bonds into new U.S. Treasury bonds, keeping the asset size unchanged and ending the balance sheet reduction. This move is generally seen as a signal of a shift in monetary policy towards easing or at least the end of the tightening cycle.