Money and The Fed

Reports on the Fed and Treasury, primary dealers, foreign central banks, money market and mutual fund flows, and other factors that affect market liquidity

Everybody’s Buying

Doesn’t anybody here want to sell? Dealers, banks, and foreign central banks increased their bond buying in the last weeks of May, as the public continued buying. Institutions drew down reverse repos that they had used to park cash at the Fed to pay for a huge slug of Treasury supply over the past week. The…