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The Feds will lose independence as the US Treasury takes charge

Thursday, December 30, 2021 - 07:00

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In order to maintain federal spending and nominal growth, as well as to stabilise the bond market and save face into the 2018 mid-terms, the US Treasury seizes the reins as it did after World War II, enacting the same 2.5% yield cap on long bonds after a massive spike in yields.
Submitted by AviG on Thu, 12/14/2017 - 07:20