Fed Launches ‘Rate Peg Instead of QE’ Trial Balloon for Next Crisis by Wolf Richter • May 8, 2019 • 87 Comments Wall Street hype artists and QE mongers would be deeply disappointed.
Fed’s QE Unwind Continues at Full Speed in April by Wolf Richter • May 3, 2019 • 85 Comments Fed sheds $46 Billion, Total QE Unwind Reaches $580 Billion. Assets drop to lowest level since Nov 2013.
Who Bought the Huge $1.26 Trillion of New US Government Debt over the Past 12 Months? by Wolf Richter • Apr 15, 2019 • 66 Comments There was strong appetite. Only the Fed shed them. Here’s who bought.
My Fancy-Schmancy “Fed Hawk-o-Meter” Jumps 18%, “Patient” Gets Slashed, “Moderated” Disappears by Wolf Richter • Apr 10, 2019 • 62 Comments What’s the Fed Trying to Say?
Fed’s QE Unwind Reaches $535 Billion, Balance Sheet Drops to $3.94 Trillion, Old Autopilot Still Engaged by Wolf Richter • Apr 4, 2019 • 78 Comments Then there’s the sinkhole of $1.5 trillion in MBS and $617 billion in Treasuries that mature in over 10 years.
US Dollar Status as Global Reserve Currency Edges Down Further by Wolf Richter • Apr 1, 2019 • 83 Comments Is the euro dead yet? And how is the Chinese Renminbi doing?
Yield-Curve Spaghetti: Weird Sag in the Middle May Dish up Surprises by Wolf Richter • Mar 27, 2019 • 106 Comments The next recession, when it finally occurs, may be a different animal altogether.
Fed’s New Balance Sheet Plan: Get Rid of MBS by Wolf Richter • Mar 20, 2019 • 116 Comments In relationship to GDP, the balance sheet will continue to shrink until some magic unknown point is reached.
Fed’s QE Unwind Reaches $501 Billion, Balance Sheet Falls Below $4 Trillion. “Autopilot” Engaged by Wolf Richter • Mar 7, 2019 • 97 Comments The albatross of $617 billion in bonds that mature in over 10 years.
