The Fed’s Footprint in the Bond Market
How big are the Fed's holdings of bonds, notes, bills, TIPS, MBS, agencies, and FRNs in relation the outstanding market?... Read More
How big are the Fed's holdings of bonds, notes, bills, TIPS, MBS, agencies, and FRNs in relation the outstanding market?... Read More
Updating the changes in central banks' balance sheets... Read More
How big are the Fed's holdings of bonds, notes, bills, TIPS, MBS, agencies, and FRNs in relation the outstanding market?... Read More
The Fed's cumulative losses since September 7, 2022 now total roughly $193 billion.... Read More
While market participants are focused on the coming rate cut cycle, global central banks are still removing liquidity with QT roll-offs. ... Read More
How big are the Fed's holdings of bonds, notes, bills, TIPS, MBS, agencies, and FRNs in relation the outstanding market?... Read More
Updating the changes in central banks' balance sheets... Read More
How big are the Fed's holdings of bonds, notes, bills, TIPS, MBS, agencies, and FRNs in relation the outstanding market?... Read More
The fed funds market is currently pricing in two rate cuts by April 2025 and five rate cuts by April 2026.... Read More
How big are the Fed's holdings of bonds, notes, bills, TIPS, MBS, agencies, and FRNs in relation the outstanding market?... Read More
The Bank of Japan is preparing to exit its ultra-loose monetary policy stance. This move has been anticipated for some time, but risks remain as the last chunk of negative-yielding debt vanishes. ... Read More
Updating the changes in central banks' balance sheets... Read More
Updating the changes in central banks' balance sheets... Read More
Tracking the tightness of monetary policy is essential as the Fed hopes to hold rates steady and bring inflation back down to its 2% target. ... Read More
How big are the Fed's holdings of bonds, notes, bills, TIPS, MBS, agencies, and FRNs in relation the outstanding market?... Read More
Because the neutral rate is a bit of a guessing game, the Fed often hikes until something breaks. This is typically followed by a fast series of rate cuts.... Read More
The Fed's cumulative losses since September 7, 2022 now total roughly $98 billion.... Read More
How big are the Fed's holdings of bonds, notes, bills, TIPS, MBS, agencies, and FRNs in relation the outstanding market?... Read More
How big are the Fed's holdings of bonds, notes, bills, TIPS, MBS, agencies, and FRNs in relation the outstanding market?... Read More
The fed funds market expects a 25 basis point hike at the May 3 FOMC meeting. After that, policy could get a bit more interesting.... Read More