by Summary:
Not good.... Thats another 0B this week non-Risk assets they are going to add to banks ... and so far no fiscal response from Treasury to create new issues... who are they buying them from?.. risk asset prices going down...New York Federal Reserve to buy around USD75bn of Treasuries on Tue, Wed, Thurs, Fri https://t.co/AcqIAaPz8L— ForexLive (@ForexLive) March 23, 2020
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Not good.... Thats another 0B this week non-Risk assets they are going to add to banks ... and so far no fiscal response from Treasury to create new issues... who are they buying them from?.. risk asset prices going down...New York Federal Reserve to buy around USD75bn of Treasuries on Tue, Wed, Thurs, Fri https://t.co/AcqIAaPz8L— ForexLive (@ForexLive) March 23, 2020
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Mike Norman considers the following as important:
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Not good.... Thats another $300B this week non-Risk assets they are going to add to banks ... and so far no fiscal response from Treasury to create new issues... who are they buying them from?.. risk asset prices going down...
New York Federal Reserve to buy around USD75bn of Treasuries on Tue, Wed, Thurs, Fri https://t.co/AcqIAaPz8L
— ForexLive (@ForexLive) March 23, 2020