Issue debt, then buy it up because no one else will – the Fed now owns 38% of all 10-30 YR treasuries. This is about as banana republic as it gets. May 29, 2022 11:40 am by IWB by Boo_Randy We are primarily funded by readers. Please subscribe and donate to support us! Investors may be hoping for a ‘Fed pause’ to save them from higher interest rates, but that would be a big policy mistake, Mohamed El-Erian says Views:
