There is very little activity in the commercial paper market.
https://fred.stlouis.../series/COMPOUT
Maybe when the Fed sells off its agency debt holdings but that will take considerable time at 20 billion dlrs/month.
Posted 14 June 2019 - 09:04 PM
There is very little activity in the commercial paper market.
https://fred.stlouis.../series/COMPOUT
Maybe when the Fed sells off its agency debt holdings but that will take considerable time at 20 billion dlrs/month.
Posted 14 June 2019 - 09:31 PM
Mark, do you have a link to that 3 month Paper graph you posted from FRED? This is a graph of the Financial less the Nonfinancial, correct? I can get one or the other but not both, thanks for all of your work!
Posted 15 June 2019 - 05:39 AM
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papilioinvest.com
@papilioinvest
"One soul is worth more than the whole world."
Posted 15 June 2019 - 09:58 AM
The Fed still cannot handle it.....by trying to follow the markets. We're data dependent, we're patient, blah,blah, blah.....that's going to be a moronic lag too much of the time. The 2 year treasury rate is about 2 1/2 rate cuts below the Fed rate right now.....just like Bernanke was trying to manage it before the 2008 recession. The economy is stronger right now, so it can theoretically handle it, but not forever. The problem is the Feds level of blindness.....Mr Magoo could do better. The economy doesn't run on blindness.....