The Fed is quietly shifting gears again
They’re supposed to let $25B/month in Treasuries roll off
But they just BOUGHT $34.8B in two days
That’s not QT… it’s stealth QE
Prepare accordingly.
They’re supposed to let $25B/month in Treasuries roll off
But they just BOUGHT $34.8B in two days
That’s not QT… it’s stealth QE
Prepare accordingly.