Liquidity Trader Pro Complete

Reports on the Fed and Treasury, primary dealers, foreign central banks, money market and mutual fund flows, and other factors that affect market liquidity. Includes all reports from Federal Revenues Pro Trader, Macroliquidity Pro Trader, and Treasury Supply and Demand Pro Trader. Click here to subscribe. Subscribers, click the post headline to access reports.

Worst Liquidity Conditions Since 2008 Coming to a Market Near You

The Treasury issued $152 billion of net new supply in November. Surprisingly that did not cause a drop in stock and bond prices. Instead, dealers and speculators increased their short term borrowing that normally finances bond purchases, and instead shifted the cash to stocks. This is borrowing from the future for speculative profit today. These…