The Macro Liquidity Index (MLI) broke out to a new high in March, cushioning a negative turn in market sentiment. Foreign central banks (FCBs) went…
The Fed pumped $6.76 billion into the market on Monday, issuing $10 billion in overnight repos, plus just over a billion in a permanent coupon…
I had commented all week in the WSE Pro Fed report that it was surprising to see the Fed’s tightness all week, and secondly that…
The Fed drained another $750 million from the market on Thursday, issuing $4.25 billion in 4 day and $13 billion in 13 day repos against…
The Fed drained another $500 million from the market on Wednesday, issuing $9 billion in overnight repos against $9.5 billion in expirations. Click here to…
The Fed drained $4.25 billion from the market on Tuesday, issuing $9.5 billion in overnight repos against $13.75 billion in expirations. Benny and the boys…
The Fed drained a tiny $500 million from the market on Monday, issuing $4.25 billion in overnight repos against $4.75 billion in expirations. The Treasury…
Latest cycle conditions and projections for the US Dollar Index and 10 Year Treasury Yield. Click links to download report in pdf format. (WSE Pro…
The Fed’s move today seemed draconian, as FCBs go into their cutback phase. Click here to download complete report in pdf format (Professional Edition Subscribers).…
The Fed added a net of just $500 million into the market on Thursday, issuing $8 billion in overnight repos and $10 billion in 14…