Is the Treasury market about to blow up? Some think so, but why?
Eurodollar University - En podcast av Jeff Snider
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Treasury Secretary Janet Yellen raised the issue of Treasury buybacks in October. This wasn't some random thought, primary dealers have been agitating for them since summer. Given what happened in last September, it is understandable the heat has been turned way up. I'll tell you why and what's really going on here - as it has been since Mar ;20. Spoiler: OTR.
