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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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ajtj99
The Ox
To: edward miller who wrote (77812)3/24/2023 7:52:22 AM
From: Lee Lichterman III2 Recommendations  Read Replies (1) of 98139
 
Bank Term Financing Program
Temporary 1 year loans to banks providing liquidity to counter customers withdrawing funds chasing higher yields.
The bank gives the Fed their treasuries that are in the hole they can't sell and the Fed gives them cash so they can survive bank runs.
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