This week's results in the Fed's repo-market interventions in one fell swoop proved everything I've said about the Fed's intervention being QE4ever and the problem's cause.
How the Fed Fixed the Repo Crisis
How the Fed Fixed the Repo Crisis
How the Fed Fixed the Repo Crisis
This week's results in the Fed's repo-market interventions in one fell swoop proved everything I've said about the Fed's intervention being QE4ever and the problem's cause.