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The Mythical Easy Fed – WSE Pro

Fed funds traded at the new target of 4.75% and the Fed didn’t need to add reserves to keep it there. In open market operations today, the Fed added $9.75 billion in overnight repos against the same in expirations, leaving the 5 day net at a drain of $12.25 billion. So much for the myth that the Fed has been adding liquidity. 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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