Cracks Emerge in Treasury Bond Market as Fed Starts to Back Away (Stimulypto Bubble Trouble: China, Shiller CAPE, Buffett Ratio)
by confoundedinterest17 As The Federal Reserve tries to drain-off the extraordinary growth in its balance sheet since COVID without raising its target rate (good luck with that!), it is time to appraise where we are sitting. First, liquidity. (Bloomberg) Buying and selling …