Fed Fresh! Fed Reverses Course And Increases Treasury Holdings For First Time Since QE3 (Curve Remains Inverted To 5 Years)

Yes, The Federal Reserve has reversed its Treasury note and bond wind-down by increasing the size of its holdings for the first time since QE3.

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The US Treasury curve remains inverted out to 5 years.

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This is somewhat fresh, so I will call it “Fed Fresh.”

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Just spray some on to lower the 10-year Treasury yield!

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