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Bloomberg Wall Street Week - June 2nd, 2023
Wall Street Week
The Fed's Quantitative Tightening and the Budget Deficit
Before the pandemic, there was appetite among foreigners for buying in particular US government bonds and also US equities. The Federal Reserve is doing quantitative tightening to the tune of roughly $60 billion every single month. There's a question of replenishing the Larter, essentially, in the US Treasury to get their stock back up. Do we have the buyers for those T-bills?
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