Good Ol’ Boys! Flows To Treasury Funds Soar, Fed Remittances To Treasury Hits A Quarter Of A Million Dollars
1 Articles
1 Articles
Good Ol’ Boys! Flows To Treasury Funds Soar, Fed Remittances To Treasury Hits A Quarter Of A Million Dollars
Washington DC is loaded with good ol’ boys. Willing to cut deals with anyone for a slice of financial pie. Like “10% For The Big Guy” Joe Biden. Money flowing into Treasury funds hit its highest since 2017, by far. And with the massive expansion of The Fed’s balance sheet with a) the financial crisis and b) Covid crisis, The Fed still has a staggering amount of bonds on its balance sheet, making it vulnerable to interest rate increases. Like wha…
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