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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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I recently wrote about the difficulty that the Fed will have with the asorbition in the market of the Treasuries that they are going to unload. Essentially it will be sales of new Treasuries to cover deficits plus the amount the FED will be selling in the secondary markets. That amounts to a glut in the market with an attendant spike in interest rates.
Then there is that mountain of Treasuries that the markets see coming their way and fear sets in...
It would be interesting to re-read what I wrote in that time 9/12 period. Don't forget Mother in Tucson is a friend of one former Fed chairman and acquainted with another. I have had feed back about my missives passed onto me from one.
Last edited by tabs; 01-06-2018 at 01:46 AM..
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