This is a syndicated repost published with the permission of NY Fed | Treasury Securities Operations. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.
Straight from the bowels of the NY Fed:
$6.001B CouponPurchase 2020-10-20 NYFed treasury securities operations.
That’s money that the Fed pumps directly into Primary Dealer trading accounts virtually every day.
Stay ahead of the crowd. Know what’s coming.