Sunday, October 2, 2011

Operation Twist Schedule

Operation Twist Schedule

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My Thots....

Purchases
- of Long Term Treasurys; start on Oct 3, Monday.
Expected Buy size USD $2.25 - $2.75 b

- of TIPs; starts on Oct 6, Thurs
Expected Buy size USD $1.00 - $1.50 b

Sales
- of Short Term Bills starts on Oct 6, Thurs
Expected Sales size USD $8-9b



Will be monitoring the impact, which I have posted in the past as a guaranteed success becos of the FEDs large dominace in the Buy mkt for Long Term Treasurys and in the Sell mkt for Short Term Bills

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"Wisdom is purified by virtue and virtue is purified by wisdom. Where one is, so is the other."