by Summary:
Looks like somebody may have gotten a clue that the Fed is buying all of the UST issuance and creating all out chaos in the market for USTs.... to add "Reserves to lend out!"....Maybe Mnuchin told them to hurry up with their "Reserves!" bullshit and get it done before April 15th so somebody else can buy a US Treasury for a change..... advanced schedule due: The Desk intends to further bring forward remaining purchases for this monthly calendar and adjust terms of operations as needed to foster smooth Treasury market functioning and efficient and effective policy implementation. A revised schedule will be posted. Yeah not buying all of the new UST issued because you think abstractions are REAL would probably foster a Treasury market ya think.... we're gonna be lucky if these morons
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Looks like somebody may have gotten a clue that the Fed is buying all of the UST issuance and creating all out chaos in the market for USTs.... to add "Reserves to lend out!"....Maybe Mnuchin told them to hurry up with their "Reserves!" bullshit and get it done before April 15th so somebody else can buy a US Treasury for a change..... advanced schedule due: The Desk intends to further bring forward remaining purchases for this monthly calendar and adjust terms of operations as needed to foster smooth Treasury market functioning and efficient and effective policy implementation. A revised schedule will be posted. Yeah not buying all of the new UST issued because you think abstractions are REAL would probably foster a Treasury market ya think.... we're gonna be lucky if these morons
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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Looks like somebody may have gotten a clue that the Fed is buying all of the UST issuance and creating all out chaos in the market for USTs.... to add "Reserves to lend out!"....
Maybe Mnuchin told them to hurry up with their "Reserves!" bullshit and get it done before April 15th so somebody else can buy a US Treasury for a change..... advanced schedule due:
The Desk intends to further bring forward remaining purchases for this monthly calendar and adjust terms of operations as needed to foster smooth Treasury market functioning and efficient and effective policy implementation. A revised schedule will be posted.Yeah not buying all of the new UST issued because you think abstractions are REAL would probably foster a Treasury market ya think.... we're gonna be lucky if these morons dont cause another GFC before they are done...