Anthony B Sanders

Fed Unwinds Balance Sheet By $21 Billion! But Increases Floating-rate Note (FRN) and TIP Holdings By $3.84 Billion (Paranoid About Inflation?)

The Federal Reserve announced today that they unwound $21 billion from their $4.4 trillion balance sheet. The Fed redeemed $14.64 billion of T-Notes and T-Bonds and $10.31 billion of Agency MBS. But purchased $1.93 billion of US Treasury Floating Rate … Continue reading