10yr/3mo & fed balance sheet
Will they do it? Or will will chicken out and provide relief..Personally, I think Powell is gonna bring the pain.
They are still light on QT, by ~200B from upper end targets. I expect November will bring some more drastic movement.
Will this make history? Or will we set the pen down and leave the problems for later?
They are still light on QT, by ~200B from upper end targets. I expect November will bring some more drastic movement.
Will this make history? Or will we set the pen down and leave the problems for later?
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