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Unusual Whales Pod #11: 2.6% GDP, the American economy at large, and risks in the Treasury market

Unusual Whales

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Boosting Liquidity in the Treasury Market

US government liquidity index which measures pricing errors across the curve has come off its highs that we're seeing during the UK guilt sell off in late September. Still conditions there remain relatively illiquid a lot of I think comes down depends on what sort of buyback program the treasury department decides to implement based on Janet Yellen's comments and whether it's just trying to swap duration for duration.

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