As Good As It Gets- Again- Professional Edition Fed Report

Treasury market conditions were as good as it gets this week as the Treasury raised just $4 billion in new money. As expected, that gave a boost to end-of-quarter tape painting on Monday, with a little preemptory selling hitting the tape on Tuesday. The Fed stepped in as a buyer of both Treasuries and Agencies on Tuesday. In spite of that, there was a little uptick in Treasury yields as well as T-bill rates. We have to wonder if the supply problem might finally be becoming an issue at the short end of the curve. 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.

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This entry was posted on June 30, 2009 at 8:15 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.