Fed Panics As Foreigners Dump A Record $109 Billion In US Treasuries
Apr 1st 2020 5:04pm EDT
Fed Panics As Foreigners Dump A Record $109 Billion In US Treasuries Exactly one week ago, when we highlighted the unprecedented surge in Fed Treasury purchases which since March 19 has amounted to $75BN per day until tomorrow when it tapers modestly to $60BN, we said that the Fed’s record ramp in debt monetization “is […]
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