I remember when the repurchase policy was just released, everyone interpreted it as QE!
QE definitely isn’t happening this year—don’t even think about it! Let’s see whether the repurchase size meets expectations and whether it can stabilize the market.
(Note‼️: Tonight they’re only announcing the quota; the actual purchases won’t begin until tomorrow! The maximum amount ≠ the actual purchase amount.
This round is only for 10- to 20-year maturities; repurchases of 20- to 30-year long-term bonds will likely take place around September 25.)
Let’s stay up and see how capable Bessent really is (I still stubbornly believe he’s all talk). We’ll find out tonight! #美债收益率
QE definitely isn’t happening this year—don’t even think about it! Let’s see whether the repurchase size meets expectations and whether it can stabilize the market.
(Note‼️: Tonight they’re only announcing the quota; the actual purchases won’t begin until tomorrow! The maximum amount ≠ the actual purchase amount.
This round is only for 10- to 20-year maturities; repurchases of 20- to 30-year long-term bonds will likely take place around September 25.)
Let’s stay up and see how capable Bessent really is (I still stubbornly believe he’s all talk). We’ll find out tonight! #美债收益率
