The Fed withdrew a net of $200 million form the market on Tuesday issuing $10.25 billion in overnight repos against $10.75 billion in expirations. That pales in comparison with $33 billion in Treasury debt paydowns pouring cash into the markets on top of $27 billion on Monday. 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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