Quick answer is Yellen set off the firestorm yesterday as the
treasury shifted issuances towards bills from coupons (quarterly
refunding also announced less supply to be issued). TBills
are funded out of the RRP (new low ) versus bank reserves.
QRA
Kicking the can so to say - will cover more tonight.
Quick answer is Yellen set
Steve, can you expand on the liquidity tied to the ...
Posted by steve on 2nd of Nov 2023 at 09:00 am
Quick answer is Yellen set off the firestorm yesterday as the treasury shifted issuances towards bills from coupons (quarterly refunding also announced less supply to be issued). TBills are funded out of the RRP (new low ) versus bank reserves. QRA
Kicking the can so to say - will cover more tonight.
Andy Constan Clip
Thanks Steve.
Posted by johnny2012 on 2nd of Nov 2023 at 09:06 am
Thanks Steve.