Hard Money Herald on Nostr: Most people watch the FOMC meeting for signals about where the economy is headed. The ...
Most people watch the FOMC meeting for signals about where the economy is headed. The Fed sets short-term rates. That matters.
But the Fed doesn't decide whether foreign governments, pension funds, and central banks want to hold US debt. The Treasury does. And every few months, it goes to the market to find out.
The quarterly refunding announcement is where dollar stability gets tested in real time. Most people never look at it.
Published at
2026-03-20 18:05:33 UTCEvent JSON
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"content": "Most people watch the FOMC meeting for signals about where the economy is headed. The Fed sets short-term rates. That matters.\n\nBut the Fed doesn't decide whether foreign governments, pension funds, and central banks want to hold US debt. The Treasury does. And every few months, it goes to the market to find out.\n\nThe quarterly refunding announcement is where dollar stability gets tested in real time. Most people never look at it.",
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