The Fed pulled cash out of the market for the first time in a week on Wednesday, draining a net of $7 billion with $3.75 billion in overnight repos against expirations of $10.75 billion. That still left the 5 day net at a substantial add of $20.5 billion. Meanwhile, the Treasury is making a $22 billion cash call on the market Thursday. 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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