))
Houston, We Have A Liquidity Problem
Manage episode 407183771 series 3558639
Content provided by JP Conklin. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by JP Conklin or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
On this episode of The Rate Guy, JP shares an experience from his first day on the Wachovia trading floor, highlighting the stress of betting $5 when you have $2 in your pocket. We discuss the impact of large Treasury issuances and the Fed's balance sheet reduction, the Treasury's new buyback program, and the effects of the Term Funding Program's conclusion on bank liquidity and Treasury investments. Then we look ahead to fewer data points this week, but numerous Fed speeches that may impact rates.
…
continue reading
To read more or to see graphs check out the Pensford Newsletter : https://www.pensford.com/industry-news/houston-we-have-a-liquidity-problem
101 episodes
Share
