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Mark Dow: The Bears Are Making Stuff Up About Fed/Treasury Plumbing To Excuse The Fact That They Were Wrong

Forward Guidance

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The Federal Reserve's Intervention in the Treasury Market

This chapter explores the actions taken by the Federal Reserve in response to market stress in March 2020, focusing on maintaining stability and preventing a collapse of the Treasury market. It delves into the dynamics between the Treasury and the Federal Reserve, highlighting the importance of providing liquidity during times of crisis to avoid cascading defaults.

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