“Coming down the pipe, we have the upcoming QRA from the Treasury set to be released on January 29th, which should not provide the same gleeful result for markets as last quarter’s,” Thompson wrote in the Jan. 7 edition of his newsletter. “Long-end rates are now ~100 bps lower, and Yellen should be looking to take advantage of that by terming out some debt. This should be a headwind for USTs.”
After BTC ETF Decision Week, Crypto Traders May Focus on U.S. Debt Announcement, the QRA
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