Menu Close

Whopper On The Way – WSE Pro

The Fed pulled $1 billion out of the liquidity pool on Friday. It added $6.5 billion in weekend repos against expirations of $7.5 billion. This week’s Treasury cash call of $14 billion followed last week’s first installment of $18 billion of an estimated $160 billion in net borrowing through early April. The quarterly refunding raised around $3 billion in new cash to settle next week, with the 13 week and 26 week bills to raise a net of only $1 billion. That means the 4 week bill auction should be a whopper. We’ve seen the announcement of a big 4 week bill auction unsettle the market in the past. 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.

Join the conversation and have a little fun at If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter.

This site uses Akismet to reduce spam. Learn how your comment data is processed.