Bonus Clouded Judgement 6.5.23 - Upcoming Liquidity Crunch?
Clouded Judgement
JUNE 5, 2023
Liquidity Liquidity drives markets, and is a term we’ve all heard many times over the last few years. TLDR - the recent debt ceiling deal may actually pose a drain on liquidity (in addition to ongoing QT) as the government sells T Bills to refill the Treasury General Account (this starts today!). Very open to feedback!
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