2min chapter

Forward Guidance cover image

Inflation Forces The Fed's Hand | Joseph Wang & George Goncalves

Forward Guidance

CHAPTER

The Fed's Plan to Rake Rates Ahead

The private sector has created this new product, Conspons to repo. But you can see just from the size of the issuance compared to the volumes down here that it's just not going to be enough. So I think what will happen is that the Treasury market probably will just hit an air pocket,.

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