A Voluntary Contraction of the Credit Market resulting in the Involuntary Liquidation of Physical & Derivative Assets at a Material Loss Causing a Severe Recession or even possibly a systemic financial meltdown
Mish says, "[a}t the current pace, the Fed runs out of treasuries about a year from now. Things are about to get very interesting. Chart Courtesy Cumberland Advisors.
Fed Running Out of Treasuries to Swap!
Mish says, "[a}t the current pace, the Fed runs out of treasuries about a year from now. Things are about to get very interesting. Chart Courtesy Cumberland Advisors.