Extended excerpt from the Executive Summary. The Treasury had a very light calendar and easy skating last week, but the calendar will be heavier in…
The Fed was hit with withdrawals of $83.3 billion last Wednesday, the largest withdrawals from its deposit accounts that were not associated with quarterly tax…
Tracking foreign central bank (FCB) holdings of US Treasury and Agency (Fannie, Freddie, and minor government agencies) paper has been one of the most important…
Stocks rallied and Treasuries held their own in the past week as the market faced no pressure from new Treasury supply, and foreign central banks…
Reposted from an email bulletin- I’m finally back up to speed after my trip back from my summer base in Canada to base camp FL.…
Two weeks ago I began to report to subscribers of the Wall Street Examiner Professional Edition Fed Report that foreign central banks (FCBs) had begun…
During QE2, the Fed’s purchases of Treasuries covered virtually 100% of new Treasury supply, freeing up cash that allowed the Primary Dealers (PDs) to speculate…
The following is the summary lead-in to this week’s Wall Street Examiner Professional Edition Treasury Update. The subscriber link to the full report is below.…
Both banks and foreign central banks (FCBs) have normal buying cycles, and this week’s evidence suggests that both are just past the peak of those…
The Fed deposited $21.6 billion in cash into Primary Dealer trading accounts in the holiday shortened week ended Friday. At the same time, FCBs pulled…
