FCBs were in buying panic mode this week, as their annualized monthly rate of accumulation of US Government and GSE securities rose past the 35%…
The Fed did $10 billion in overnight repos against $12.75 billion in expirations, thereby draining $2.75 billion from the liquidity pool on Wednesday. The 5…
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 did a massive $11.34 billion net add to the liquidity pool on Wednesday bringing the 5 day net add to a stunning $15.67.…
The Fed drained another $4.25 billion from the pool on Tuesday, but they’re set to put some of it back tomorrow. The Fed added $7.5…
The Fed added another permanent on Monday, but drained $3 billion on balance. It announced a coupon purchase of just under $750 million, and added…
The Wall Street Examiner’s Macro Liquidity/Sentiment indicator has reached an extreme indicating that a major inflection point is due in January. The question is whether…
The Fed threw more fuel on the fire with a net add of $8.25 billion as the Treasury continued a second day of massive paydowns…
The Treasury began its massive paydowns starting with $11 billion on the weekly bills today, to be followed by another $32 billion in net payoffs…
The Treasury is paying down a whopping $43 billion in debt over the next two days presenting the market with a huge pre-Christmas gift, as…