The QE Endgame: A Big Problem Is Emerging For The Fed

May 13th 2021 7:45pm EDT

The QE Endgame: A Big Problem Is Emerging For The Fed For the second time in three weeks, the US Treasury sold $40BN in 4-week bills at a price of 100.000% representing a rate of 0.00%. To be sure, Bills had printed at 0.000% at auction previously, but that was largely during the reserve glut […]

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