The Fed conducted a huge $9 billion net draining operation on a day when the market was faced with settling $29 billion in Treasury CMBs.…
In keeping with the holiday spirit and faced with huge Treasury settlements over the next few days the Fed stepped up and added a net…
The Fed twiddled its thumbs again on Wednesday with a nominal net drain of $500 million. They added $7 billion in two day repos, against…
The Fed again stood its ground on Tuesday doing a minimal net add of $250 million. They added $7.5 billion in overnight repos, against $7.25…
The Fed more or less stood pat on Monday, adding $7.25 billion in overnight repos and announcing a $770 million permanent coupon purchase, against $7.5…
by Steve Northwood The Treasury is coming to market for an additional $5 billion in the 4 week auction ($26 billion vs $21 billion maturing).…
The Fed pulled back on the throttle Friday, withdrawing much of Wednesday’s massive pumpajam. It drained $9.5 billion from the liquidity pool, issuing $7.5 billion…
Happy Thanksgiving! The Fed insured a happy holiday on Wednesday, and the market responded by reversing an early selloff on the Con Con number. That…
The Fed mashed the accelerator on Wednesday to get the holiday pumpajam into full swing. It added $10.75 billion to the liquidity pool, issuing $11.75…
The Fed added $1.5 billion to the liquidity pool on Tuesday, issuing $5.25 billion in 3 day repos against $3.75 billion in expirations. It looks…
