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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (91392)	2/7/2008 9:39:20 PM
From: bart13	Read Replies (3) \| Respond to of 110194

Thanks for the explanation and links. Unless someone else has a fuller explanation of the flows of those purchases and SOMA and Securities Lending and GSDS, etc., I'm going to have to do some very significant research and find some old links and articles. I think I know what's happening and why they don't show in the SOMA account balance but don't have the full facts, and am not certain enough to provide any answers about the flows. And the Fed has been known to change things over the years too. <g>

To: Real Man who wrote (91392)	3/9/2008 4:33:26 PM
From: bart13	Read Replies (1) \| Respond to of 110194

I finally found a "spare" hour and checked into the apparently bad link between SOMA, SecLend, etc. and the actual Treasury auctions for which you provided links, and of which I was unaware. It was very messy and feel free to disbelieve it, but it looks like just "normal" rolling over of all the bills and notes and bonds that are in SOMA, the NY Fed's trading desk's account and SecLend operations themselves. There sure could be more stuff behind the scenes represented by the auction data but it doesn't appear significant.