Fed's monthly bond purchases endure as economic, vaccination goals fall short

Discussion in 'Fixed Income' started by kmiklas, Apr 23, 2021.

  1. kmiklas

    kmiklas

    So basically the US Federal Reserve is creating money, buying US Treasury bonds, creating artificial demand, and keeping rates down.

    USD120B per MONTH flowing into Fixed Income markets. THIS is at heart... THIS is why we're in a bull market during a global pandemic... THIS is what will cause widespread inflation.

    I'd like to coin a new term, "Financial Incest." Heard it here first!

    I really need to stop reading and start drinking heavily again. Ignorance is so blissful. :banghead:

    https://www.spglobal.com/marketinte...conomic-vaccination-goals-fall-short-63773209
     
    Last edited: Apr 23, 2021