CryoPort Inc (CYRX)

[LongCYRX]

The main take-away from the statement yesterday was the FOMC (1) continues to expect to maintain the near zero fed
Funds rate for a while, (2) view the economy as still weaker, (3) are worried that inflation may be lower than desired, and (4) will employ all available tools to promote the resumption of sustainable economic growth and price stability including, if necessary, buying longer-term Treasury securities to lower market rates to improve conditions in the private credit markets. It also re-focused the Treasury market on supply, especially with the realization of much more to come to fund the final version of the stimulus program and more than likely the “bad bank” plan that is being kicked around in Washington this week with the promise of more details next week.