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Rates · Liquidity · Scarcity · Credit · Power · 2026-09-10
PlumbingTUESDAY

The quantity of money. Reserves, TGA, RRP, funding at the margin.

The CorridorPlumbingScarcityCredit & StressGovernance & Power
TUESDAY · 2026-09-08 · Plumbing

Reserves Are Fine. The Composition Is Not.

Nobody is short dollars. Somebody is short duration.