The Fed's Operation Twist

The treasury is announced. They're going to do an operation twist. Do you know that? Well, we're a little bit worried about the liquidity being available on the long end of the yield curve. So we're just going to buy that stuff and reissue new debt. That was like two or three weeks ago. Very quietly announced. And it's all the treasury. This isn't even the Fed. This is the treasury. She's so worried about how much she's going to have to pay out that she's already. The tax receipts really stink. You know, there's no transactions that are happening. All those cap gains are not going to happen and blah, blah,