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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: pogbull who wrote (4401)1/5/2004 11:28:09 AM
From: russwinter  Read Replies (2) of 110194
 
I think we may be ahead of the curve, as I doubt too many other Republicans are thinking this way.

Fed only replaced 6.25 B (a one day) of the 16.25b maturing repo. No permanents at least as of 11:30 EST.
newyorkfed.org
So the outstanding balance (30.25b) at least today looks more toned down. I guess hitting the market with all that "easy" talk over the weekend AND a big heroin injection, would have been too much, even for this bunch.

1-6-04 : 6.25
1-8-04 : 18.0
1-15-04: 6.0
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