Alex Gladstein 🌋 ⚡ / @gladstein (RSS Feed) on Nostr: **RT @FedGuy12:** Treasury is thinking about issuing $1t in bills the next 6 months ...
**RT @FedGuy12:**
Treasury is thinking about issuing $1t in bills the next 6 months (provided debt ceiling resolution).
This can potentially drain the RRP and add lots of liquidity into the banking sector, if MMF are the marginal buyers (they have not been and may not be).
https://nitter.moomoo.me/FedGuy12/status/1653741424251387904#m
Treasury is thinking about issuing $1t in bills the next 6 months (provided debt ceiling resolution).
This can potentially drain the RRP and add lots of liquidity into the banking sector, if MMF are the marginal buyers (they have not been and may not be).
https://nitter.moomoo.me/FedGuy12/status/1653741424251387904#m