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Divine Intelligence, etc

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How to Gin Up Demand for Treasuries Six Ways From Sunday

The Fed is trying to gin up demand for treasuries six ways from sunday, whether it's a new retirement plan or reverse repos. The banks are doing it to the tune of something like one and a half or two trillion dollars. And as long as the fedil guarantee them a fi right? It's like keeping that volley ball up, you know, right? They can do that all day long.

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