AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
Commercial Banks Taper Treasury Purchases | Joseph Wang & DC Analyst
Forward Guidance
The Fed's Decline in Deposits
The Fed and Church are filling their shelf space with a lot of cash, which is low yielding. They're trying to upgrade that cash to something that's higher, but also high quality so it stays within their regulations. The commercial banks emerged as a martial buyer in the post COVID world. You see that most obviously in the big G-Sibs.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode