This will ease short term funding stresses (like lower SOFR spreads) instantly, as markets anticipate less reserve pressure.
What does it means for #Bitcoin?
Lower yields on short term Treasuries, potential Bitxoin rally (as seen post-2019 QT end).
rod ✪ on Nostr: 🚀 Ending QT tomorrow December 1st halts approx $40 billion per month in total ...
🚀 Ending QT tomorrow December 1st halts approx $40 billion per month in total runoff, providing a subtle boost keeping that cash in the system (via reinvestments).
This will ease short term funding stresses (like lower SOFR spreads) instantly, as markets anticipate less reserve pressure.
What does it means for #Bitcoin?
Lower yields on short term Treasuries, potential Bitxoin rally (as seen post-2019 QT end).
This will ease short term funding stresses (like lower SOFR spreads) instantly, as markets anticipate less reserve pressure.
What does it means for #Bitcoin?
Lower yields on short term Treasuries, potential Bitxoin rally (as seen post-2019 QT end).