Treasury supply continues to bulge, thanks to the yawning Federal budget defecate, and the fact that the Treasury must raise $30 billion per month to repay the Fed, which is demanding the money back that it lent to the US Government under QE. A tidal wave of supply is set to inundate Wall Street. This report explains, again, how bad it’s going to be, and why, if you haven’t gotten out yet, you have very little time left to do so.
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