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A little bit of a plumbing replace for you: the Feds dumping of bonds continues apace, on auto-pilot:
Reverse Repo stays in a free-fall, plunging towards $0 in inside months at this tempo.
And, in fact, Yellen’s free cash giveaway referred to as BTFP is at one other lifetime excessive, as determined banks proceed gobbling up billions from their buddies in D.C. with out worry of reprisal:
Liquidity and Credit score Services
The unfold between the and Fed liquidity stays gargantuan, however nothing can appear to interrupt this marketplace for various moments.
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