13 Comments

It seems those comments were done already before, anyway the QRA should be the next important appointment https://x.com/thecarter758/status/1743962104275554812?s=46&t=Wy7pOGeSP2o3ZuI2ylzWpw

Expand full comment

Yea that will be the next key one .

Expand full comment

Will the market price in Yellen’s bazooka in the next 1-2 weeks? I mean risk, such as SPX

Expand full comment

Sir Shrub, thank you very much for your work, have a great Sunday !

Expand full comment

I hate outing myself as an idiot, but I suppose, really, who am I kidding? So here goes.

How does QT affect coupon issuance? QT is the reduction in the Fed's balance sheet (just roll-off, yeah?), and coupon issuance is the bond issuance of the Treasury. It's not clear to me how the Fed's Treasuries maturing affect how much issuance Ms Yellen does.

Expand full comment

I think it is very clear what Yellen wants, Biden to be re-elected, and she will do everything in her considerable power to make it so. we shall see if that is enough

Expand full comment

Faster QT = 😢

Slower QT = 🤠

Expand full comment

Thanks for framing this for us less sophisticated plebs.

Expand full comment

Excellent.

Expand full comment

Not 1 your right.

Expand full comment

Happy new year shrub! May the sun grow your leaves and water feed your roots 🥃🚬🫂

Expand full comment

Excellent!!!!

Expand full comment

Tamagotchi Ponzi?

Expand full comment