Reverse Repos - All Time Highs - flattening out as KarmaGeddeon
FRED:RRPONTSYD
Overnight Reverse Repurchase Agreements: Treasury Securities Sold by the Federal Reserve in the Temporary Open Market Operations
Nears...
We observed similar action in the RR Pool during the 2006-2008
Period.
The demand for Safety was in full force prior to Safety itself
being demonitzed with $34 Trillion in TARP TALF and Ralph.
Buyers are repeating the sames mistakes then as now.
Increased selling pressure by paniced Retail Investors lowered
prices and raised yields on corporate bonds as the Sub-Prime
debacle (not the real cause, it was Commercials who failed)
in the Media unfolded.
We saw a 4% correction Bonds, it can be far higher this period
as much as 8 - 12%, perhaps more as Safety is frankly no longer
Safe but funding Degenrate Gocvernment borrowing.
It took 107 years to accumulate the Level of Debt we have
managed to add in 15 Months...
Caution, extreme caution is highly warranted.
We can only provide commentary for information - to perhaps embue
far more rational decisions in the process of Capital Preservation.
Everyone's going to lose a hand as we repeated more times than we care
too...
- HK
We observed similar action in the RR Pool during the 2006-2008
Period.
The demand for Safety was in full force prior to Safety itself
being demonitzed with $34 Trillion in TARP TALF and Ralph.
Buyers are repeating the sames mistakes then as now.
Increased selling pressure by paniced Retail Investors lowered
prices and raised yields on corporate bonds as the Sub-Prime
debacle (not the real cause, it was Commercials who failed)
in the Media unfolded.
We saw a 4% correction Bonds, it can be far higher this period
as much as 8 - 12%, perhaps more as Safety is frankly no longer
Safe but funding Degenrate Gocvernment borrowing.
It took 107 years to accumulate the Level of Debt we have
managed to add in 15 Months...
Caution, extreme caution is highly warranted.
We can only provide commentary for information - to perhaps embue
far more rational decisions in the process of Capital Preservation.
Everyone's going to lose a hand as we repeated more times than we care
too...
- HK