Flat. Sort of like Mark Squidly’s loonie which finished yesterday at an amero-friendly $1.0000, with the buck basically hovering between C$1.00 and C$1.03 for over three months now. Talk about bedroom eyes; but I digress … So the Fed’s own holdings of MBS dropped once again by a material $16.259 billion that took the total figure south of $1 trillion for the first time since mid-February, while today’s modest moves brought the cenbanks’ treasuries number close to the figure from six weeks ago, the agencies one to that from eleven. Like at the end of ’09, somebody will have to…
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