2-Year, 3-Year Treasury Yields Spike, Flip to Rate Hike. Yield Curve Uninverts. Government Sold $606 Billion of Treasury Securities this Week as the Borrowing Must Go On by Wolf Richter • Mar 21, 2026 • 73 Comments Whiff of turmoil in the bond market as inflation fears moved to the front and center.
Fed Holds Rates, now with Only 1 Dissenter, Sees Accelerating Inflation & GDP Growth by Wolf Richter • Mar 18, 2026 • 79 Comments Dot Plot projections still point at 1 rate cut in 2026. Powell: “If we don’t see that progress [on inflation], then you won’t see that rate cut.”
Update on the Fed’s Balance Sheet and its Reserve Management Purchases by Wolf Richter • Mar 5, 2026 • 24 Comments Adding T-bills, shedding MBS, Treasury note & bond balances on ice, SRF unused.
Markets’ Reaction to Warsh: Silver Collapses, Gold Plunges, Dollar Jumps, Treasuries Yawn, Stocks Drop, already Battered Cryptos Sink by Wolf Richter • Jan 30, 2026 • 217 Comments Pulling the rug out from under the “debasement trade.”
Fed Refuses to Cut, Shifts Hawkish in the Statement, with Two Dissenters by Wolf Richter • Jan 28, 2026 • 146 Comments “Everything comes in suggesting that this year starts off on a solid footing for growth”: Powell in the press conference.
Justice Department Subpoenas the Fed, Threatens Powell with Criminal Indictment. Powell Comes out Swinging. Stock Futures Tank by Wolf Richter • Jan 12, 2026 • 198 Comments Trump claims he didn’t know anything about it.
Fed Balance Sheet Drops by $67 Billion for the Week by Wolf Richter • Jan 8, 2026 • 45 Comments Standing Repo Facility -$75 billion to zero, Reserve Management Purchases +$8 billion: The year-end liquidity shifts have settled down.
Fed’s Standing Repo Facility (SRF) Drops to Zero, from $75 billion on the Last Balance Sheet as Yearend Liquidity Turmoil Dissolves by Wolf Richter • Jan 5, 2026 • 26 Comments The Fed’s weekly balance sheet on Thursday will show a substantial drop in total assets.
Year-End Liquidity Turmoil on Fed’s Balance Sheet. Plus $38 Billion in T-bills Replace $15 Billion in MBS, Add $23 Billion in RMPs by Wolf Richter • Jan 2, 2026 • 35 Comments Standing Repo Facility spiked to $75 billion for a day, then fell back; ON RRPs spiked to $106 billion, then fell back.
The Fed Should Look at Private-Sector Jobs Growth and Not Get Distracted by the Massive Federal Government Job Cuts by Wolf Richter • Dec 16, 2025 • 88 Comments Federal government slashed 172,000 jobs in 3 months, Private Sector gained 225,000, the most since May.
