Julian Brigden joins Jim Bianco to chat through markets and provide exciting details about their upcoming Global Macro Summit
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The Treasury Market Committee Suggestions That They Don't Want More Than 20% of the Total Treasury Insurance in Bills
So far, it seems like R.P. is going down and Bill Christians are going up - so it's not being a drain in liquidity. Do you think there's an element to which the Treasury Market Committee suggests that they don't really want more than 20% of the total treasury insurance in bills? "I used to joke through COVID that if I was on the Treasury Boring Auction Committee, the new yield curve would be 30, 50, 100 in perpetual"
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