I didnt realise but looks like the Fed will start reversing its emergency bond buying programs & shink its balance sheet. QT is scheduled to begin this month & will ramp up to $95 billion a month in reduced bond holdings.
Jamie Dimon is worried "we never had QT like this" & "dont have a choice because there's too much liquidity in the system".
XJO - Bear Posts only (Factors which might cause the markets to fall), page-14208
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