The Fed’s Balance Sheet Reduction (QT) UpdateJonathan MaiettaAug 30, 2024∙ Paid1ShareThe Fed has significantly slowed the pace of its already muted QT program. We expect the Fed to be a buyer of Treasuries this autumn and winter as Treasury will auction $1.5-2.0 Trillion of new debt to plug the fiscal deficit.This post is for paid subscribersAlready a paid subscriber? Sign in
