from King World News
As prepare to head into the second half of 202o, get ready because all hell is going to break loose in global markets.
Another Flood Of Money Printing
June 18 (King World News) – Jeff Snider at Alhambra Partners: On March 15, 2013, the US Treasury Department issued a request for a “large position report” (17 CFR Part 420). Any institution holding $2 billion or more of the 2% notes expiring in February 2023 (10-year maturity) had until March 21 to disclose that fact to the Federal Reserve Bank of New York (faxed disclosures accepted). The repo rate for this particular security as well as others nearby on the curve was acting suspiciously (heavily special).