U.S. Treasury buybacks are not adding liquidity, Layah Heilpern argues, because the $6 billion in purchases is offset by new bond issuance. Attention should instead shift to the Fed meeting in six days, with oil near $100.
published
U.S. Treasury buybacks are not adding liquidity, Layah Heilpern argues, because the $6 billion in purchases is offset by new bond issuance. Attention should instead shift to the Fed meeting in six days, with oil near $100.
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