FatDuck3
Oct 16, 5:33 PM
$SLV $GLD $JNUG $B $NEM
The Fed STILL purchasing T-bills & in the last week they've purchased
$3.891 billion‼️ For the month of October the Fed has purchased
$5.837 billion which is an increase of 34.9% from the same time period in Sept.
You understand what's occurring here ?
The breakdown for Sept & Oct (1st two weeks of each month)
October:
October 1–7: +
$4.529 billion
October 8–14: +
$8.079 billion
Total: +
$12.608 billion
September:
September 2–9: +
$3.415 billion
September 9–16: +
$5.929 billion
Total: +
$9.344 billion
The Fed's T-bill holdings increased by
$3.264 billion more in the 1st two wks of October than over the September 2–16 comparison period, a 34.9% larger increase. You not be shocked if the Treasury enacts a debt back of
$8-
$10 billion in the next few weeks
https://fred.stlouisfed.org/series/WSHOBL
1 replies