News for hackers. Stuff that matters.

A comment on Federal Reserve lent $300B in emergency funds to banks in the past week. Parent comment

Re:Federal Reserve lent $300B in emergency funds to banks in... by colechristensen on Sunday March 19, 2023 @11:48PM (#35227036)
> US doesn't have the credit to borrow anymore

This is a ridiculous statement. The market for US treasuries is perfectly healthy.

[ Parent | on HN ]
Re:Federal Reserve lent $300B in emergency funds to banks in... by notch898a on Monday March 20, 2023 @12:01AM (#35227126)
The market for treasuries is so healthy that it's destroyed the market for all the dog shit long term MBS, older long term treasuries, and even caused many otherwise unsophisticated depositors to dump their bank deposits into products like I-bonds and T bills.
[ Parent | on HN ]