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Commercial Banks Taper Treasury Purchases | Joseph Wang & DC Analyst
Forward Guidance
The US Treasury Department Issues New Treasury Securities
The Fed has a whole bunch of treasuries and they're going to roll off. So what's gonna happen? How, the treasury is gonna have to repay the Fed. And who ultimately ends up buying those newly issued treasuries in large part determines on what kind ofTreasury Department will issue. I mean, I think, hopefully, the issue and money market space issue treasury bills,. I think, basically, the money market funds will gobble them down.
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