Wow, incontrovertible evidence that the Federal Reserve would buy defaulted US treasuries at their non-default price in order to preserve liquidity. Cc nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a

https://www.crisesnotes.com/i-got-the-fed-to-release-its-2011-treasury-default-playbook-heres-what-it-says-and-why-it-matters/