An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
They were holding the short end at the overnight rate they are paying on RRP at 0.05% .. but last few days this broke and now the 1 month is under that at 0.03%….
Inverted/negative rates have to be the Fed’s worst nightmare…
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