The Wall Street Examiner
As I have posted before, The Wall Street Examiner is a good read (and the articles there are still available at no charge for the rest of this week). Here's an excerpt from one of the articles:
I also linked to this information here, trying to explain the recent flattening of the yield curve.
The Fed added $3 billion in 5 day repos for the holiday weekend, far short of what was needed to cover $8 billion in expiring bills. We knew that would happen. We also knew that since the IRS would be pumping another wad of Friday party favors into the bank accounts of early filing taxpayers, it would be no problem.For more pithy analysis and discussion like this, click on the blog ad at the upper right.
I also linked to this information here, trying to explain the recent flattening of the yield curve.
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