End of the post election liquidity Bubble? Foreign custody holding were DOWN 3,183 billion, $1,971 billion in debt monetization, and no repos. Even temporaries ended a little light.
bullandbearwise.com
Kind of hard to support foreign CB USD support operations when you are printing more Dollars. Tough exercise anyway. Market may run out of fumes from the orgy of the previous four weeks, feed me Seymour.
ostlyrics.com
Is this why the bond market tanked today, and agencies even worse?
gcm.com
Fed bot outright+ foreign custody + perm repos x 9 total=total
11-17 +445 +7,763 +10,782 =18,990
11-24 +1996 +3,038 +11,259 =16,293
12-1 +704 +5,887 +22,995 =29,586
12-8 +3,650 +6,638 +23,373 =37,486
12-15 +1,971 - 3,183= 0= -1,212
Averages about 12 billion a week:
jessel.100megsfree3.com |
