The Fed has reversed course 3 times this week, first adding reserves, then pulling out all of what was added, then adding it back, in what appears to be incoherent action during a week when the system was flush with cash from Treasury paydowns. 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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