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How Much Did the Fed Buy in April and March of 20?
When the Fed hikes rates people who own Short-term debt instruments particularly Though they go down in value, but you're saying the person who gains my losses your gain by the way great great Quoting a margin call that fire sales scene. So today it looks like my loss is your game um, but uh Is it the government because let's say you issue a bond that's par par is a hundred and the market value is 106 But then because of the Fed hacking rates it goes from 106 to 104 The government still has to pay a hundred and A hundred right When it when it comes back.