Publisher’s (New Press) webpage: Social Security Works! More below the fold. Non-disclaimer: I bought my copy. Nobody gave me one for review or to plug. Disclaimer: I am a casual friend of auther Eric Kingson and a somewhat better friend of Nancy Altman. Disclaimer: It would not bother …
Author: Bruce Webb
Federal Reserve SOMA Holdings of the Long Bond
It is well known that the Federal Reserve in its three rounds of QE (and especially the first two) aggressively bought Treasury Notes and Bonds or collectively the ‘Long Bond’ of 10 Years and longer. But there has been relatively little discussion of what that means for such things as …