In a real shocker, the Fed drained $3.25 billion in reserves on a day that the Treasury was settling $21 billion net in new T…
There was a noticeable sigh of relief in the markets yesterday as Tuesday’s freefall didn’t repeat itself. The one item helping out the markets that…
The Fed did two repos. That’s unusual for a Wednesday but not surprising given the combined negatives of a massive wave of Treasury settlements over…
The Fed pulled a net of $1.5 billion out of the liquidity pool on Tuesday, even as it faces a huge wave of Treasury supply.…
Will the sell off be a one day event? Liquidity thinks not.
The Fed jammed a net of $5.88 billion including a $1.88 billion permanent purchase into the liquidity pool as it faces a wave of 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 rolled over all of Thursday’s $23 billion in expirations and added another ¾ billion for good measure. It pumped in $6.75 billion in…
The Fed drained $7.75 billion from the liquidity pool Wednesday. It pumped in $11 billion in overnight repos against $17.75 billion in expirations. That sets…
The Macro Liquidity Index (MLI) has been hanging around 3 month highs. The Fed and foreign central banks (FCBs) continue to create liquidity, offsetting weakness…