Fed Bails To No Avail Against Flood of Treasuries – WSE Pro

The ship is sinking. The Fed continued the fastest 3 week expansion of the monetary base in the past 7 years on Friday. But it was not enough to offset the $76 billion in new Treasury debt that is settling during the period from yesterday to Monday. Outside of the week after 9/11/01, nothing else approaches the size of the Fed’s recent liquidity injections. These injections are not helping to stabilize stocks, nor are they likely to, as the Treasury continues to inundate the market. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information.

This entry was posted on February 29, 2008 at 2:18 pm and is filed under Money and The Fed, Professional Edition. You can follow any responses to this entry through the RSS 2.0 feed.