The Great QE2 Flush Out

We?ve updated our Treasury flow charts with new data from today?s release of the Federal Reserve?s Flow of Funds Accounts. The quarterly data are seasonally adjusted and annualized. They reveal quite an interesting picture. In Q1 2011, the Fed?s QE2 purchases of Treasuries totaled $1.3 TN on a seasonally adjusted annual basis. This number far [...]

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