20 days ago • Posted by Jasper Lawler
Fed going big on asset purchases to offset a taper tantrum?
Tavi Costa points out that the Fed just did their largest purchase of US Treasuries in almost 6 months. $32B in a single week.
Are they increasing liquidtiy before they drop a taper announcement at the June meeting? Or was it just to offset the 'mini corporate bonds taper' just announced ?
Source: Crescat Capital