BREAKING: Fed Caught Quietly Bailing Out Bond Market with $43.6B Injection.
No buyers? No problem. The Fed just snapped up billions in Treasurys: $8.8B in 30-year bonds in a single day and 43.8B in total last week.
THE BIG PRINT HAS JUST BEGUN.
Discussion
Ouch 😬😬
This is actually a huge deal and it's barely being talked about. This is Quantitative Easing. They didn't announce it which is highly suspect. There aren't a ton of reasons to do this and try to hide it. One I can think of is that there arent enough buyers of US debt at the centrally planned intrest rate so they have to step in and buy the UST to maintain rates.
There are a lot of ramifications of QE one is that it is a huge liquidity pump for the markets. That is a very good thing for bitcoin.
PS. I think that because the world is so fucked up people don't even realize it anymore. The first time the fed did QE was during the 2008 financial meltdown and it was seen as one of the most insane and drastic measures the fed could ever take. They bought like 600B that year.
They bought 10% of that in the last couple of weeks without telling anyone and it not being the top story on the nightly news.... not on the nightly news.
They didn't just not announce it. They said they were doing tightening last week.
So they start stealing big time again. Protect yourself team 🧡🔐