It's one thing the feds too, try to create a situation that returns back dependence of the people on them regarding money. I like to see how this issue with short term bond goes.
Eventually if people lose jobs and buying pressure stops will that be considered an overall win? I think not. It's crazy.
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TBills are going at a higher rate on the Repo market because the ROI is not important, the need for collateral is the criteria.
Each time we see a premium like this, you know there is a liquidity crisis.
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It's absolutely crazy, liquidity crises seems like one the worst and I don't know if they're even considering the consequences
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