What is the Story in Today’s Geared Market, and What Will the Story be Tomorrow?
November 04, 2019 at 12:15 PM EST
By Toroso Investments The Federal Reserve has started QE4 with huge injections into repo markets. Regardless of what you call it, upwards of 2 trillion dollars of bonds are due on their balance sheet over the next few years. They will either let their balance sheet unwind significantly or purchase...