Economy
Fed’s Official Balance Sheet Falls For The First Time Since February 2020
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from WallStForMainSt:
Fed’s Official Balance Sheet Falls For The First Time Since February 2020, Most Since May 2009
VIDEO:
The Fed’s official balance sheet surprisingly fell about $74 billion dollars in the last week (Most in a week since May 2009) despite the US Treasury needing to sell $3 trillion worth of US Treasuries in Q2 2020 with no more net foreign buyers of US Treasuries. Follow George Goncalves on Twitter (@bondstrategist) for his Fed’s official balance sheet update Tweet: https://twitter.com/bondstrategist/st…
