Long on stock != long on gold != long on miners
TGA funds doesn't means fund sitting in any account. Its fund generated by ... drum rolls... selling of bonds ...
Why would someone sell a bond and buy a different one ... well, only if the terms are better ..
treasury buy back per month - $4 billion
Treasury bond sales per month - $800 billion
Treasury outstanding (debts) - $40 trillion
Treasury interest per year - more than gdp of USA and more than a trillion
Fed can at most raise 25 points before they cause problem for treasury
Walsh will do what he has been doing, stay deliberately vague, market will continue what is has been doing.. play the news whichever way the big whales đ wants ..
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