192: Kevin Muir – ‘Whatever It Takes’—How Reserve Banks React to Economic Pressure
Chat With Traders
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The Fed and Treasury Inflation Protected Securities
The Fed is trying to make the system have enough kind of liquidity so that it begins to operate correctly again. They take all the securities that they can from the dealer's balance sheets that they're having trouble financing and having trouble owning. The goal is to try to make it so that these banks, the JP Morgans of the world, don't need to worry about financing treasuries.
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