Primary dealers have offset their losses of last August through February in the recent rally, and they have reduced their net long exposure somewhat since their highest levels of a year ago.
“Bubbles go to unimaginable extremes – then double.” “Quadruple” seems more applicable these days.
Is that the scent of smoke? What’s that red glare? Must be nothing.
While the CDC has stopped reporting breakthrough infections that do not end up in hospitalization, the Wisconsin Department of Health Services has recently started to publish the breakdown of new COVID-19 infections among vaccinated and unvaccinated pe…
When Congress passed the American Rescue Plan in March, extending pandemic-related unemployment aid until Labor Day, millions of Americans breathed a sigh of relief. Back then, almost 14 million people depended on the emergency programs. And while the …
Despite the latest rise in new COVID infections, the U.S. labor market continues to show signs of improvement. According to fresh data released by the Department of Labor on Thursday, initial jobless claims dropped to 348,000 in the week ended August 1…
Yesterday at one point the 5 day cycle projection was 4420. Nailed it. Then the projection got to 4440. That was probably my brown sunglasses talking. 4420 turned out to be it.
Now what?
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
CUSIP: 912810SV1Term and Type: 29-Year 6-Month TIPSSeries: TIPS of February 2051Reopening: YesInterest Rate: 0.125%High Yield: -0.292%Price: $117.718212Allotted at High: 90.35%Total Tendered: $19,739,274,600Total Accepted: $9,005,135,100Auction Date: 0…
CUSIP: 912796ZC6Term and Type: 67-Day BillCMB: YesOffering Amount: 40 BillionAnnouncement Date: 08/19/2021Auction Date: 08/24/2021Issue Date: 08/26/2021Maturity Date: 11/01/2021PDF | XML