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Daily Archives: December 7th, 2012

A Snake Eating It’s Own Tail

From Bloomberg: Treasury Scarcity to Grow as Fed Buys 90% of New Bonds   Even as U.S. government debt swells to more than $16 trillion, Treasuries and other dollar fixed- income securities will be in short supply next year as the Federal Reserve soaks up almost all the net new bonds. The government will reduce […]