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The problem with “bubbles”. →

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Lindsay Skardoon 11 hours ago

#Fed tapering of B/S starts in May & stops in Sept. This should help bank reserves & be positive for #SOFR. Net effect is a slight loosening. Fed will allow balance to decline via maturities & intends to roll its maturing holdings of mortgages into #treasuries. #markets #rates

test Twitter Media - #Fed tapering of B/S starts in May & stops in Sept. This should help bank reserves & be positive for #SOFR. Net effect is a slight loosening. Fed will allow balance to decline via maturities & intends to roll its maturing holdings of mortgages into #treasuries. #markets #rates https://t.co/lkA8gVMTum

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