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tw0122

10/20/21 4:59 PM

#18413 RE: Montanore #18411

Absolutely $120 billion dollars a month purchased by the Fed creatures so bonds don’t crash the markets.
Who the hell else wants to buy treasuries at such a low rate except for the reverse repo program that guarantees free money for the average 70 to 90 counterparties from institutions like Fidelity to foreign banks like Deutsche

So the Fed adding more debt through the front door while adding to its crap pile bond debt at the backdoor.