Corrected - was: The FED bought $43.8 billion in U.S. treasuries this week... [View all]
Last edited Sat May 17, 2025, 10:54 AM - Edit history (1)
I took a harder look at this "report," and concluded it was misleading at best, and exploitive and manipulative at worst.
The recent auction activities of the FED have to attributed to roll-overs, as per their official position on such actions:
https://www.newyorkfed.org/markets/opolicy/operating_policy_250319
This is what I love about DU, so many keen and patient minds here, sharing and helping each other
Sorry for the confusion friends.
Original post:
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"The buyer of last resort" has just acted, again.
Why ?
Foreign holdings (aka loans to us) of our debt is the lowest since the 90's
Domestic demand is down
Gold is at all time highs
Even bitcoin has been over $100,000 for a week now
( and Blackrock has been accumulating it non stop all month )
This is not going well
#MAGA !
Ref: https://deepnewz.com/economics/u-s-fed-buys-8-8-billion-30-year-bonds-totaling-43-6-billion-this-week-amid-qe-0ddb91b3