SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TH who wrote (100572)1/8/2009 10:44:10 PM
From: bart13  Read Replies (1) of 110194
 
Week ending 12/4/2008, it was $2.117T and now its $2.177T.

A month ago, it was growing (annual change rate) at 145%, now its 151%.

A month ago, it was growing (quarterly change rate) at 136%, now its growing at 46%.

So yes, the change rate is slowing some on the short term and things like TAF and PDCF and TSLF and swap lines with other central banks are down in total balance from their peaks... but characterizing it as the biggest reduction since August when it dropped from $889B to $883B is odd and a bit too much spin for my taste.
And I'd hardly call a quarterly growth rate of 46% representative of calm waters or peachy keen, but it is better and has been trending down for about 3 weeks.

And by the way, total Fed custodials were up again - foreign official institutions bought more Treasuries than they sold Agencies.

edit/add - to the person who sent me a private message, please resend to my email address - "bart" at my site nowandfutures.com.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News