Tag Archive for Last Friday

Fed Finally Settles First Round Of MBS Offsetting Other Negatives in Liquidity

Liquidity indications were neutral this week, thanks to ongoing panic inflows of cash from Europe, as well as the fact that the Fed finally started settling the MBS purchase commitments that have been building up, but had gone unsettled since October. These positive flows offset the negatives of bank and FCB selling of Treasuries. The…