Friday, December 2, 2016

The recent lowering/raising of IOR/one year whatevers....by Janet


Here iy is, all yhe stuff Janet was doing at the short end since 2015.

She was mostly busy lowering the one year (green) , while talking about the IOR, which she did raise  in late 2015, . She raised that sold the one year  but the one year rate dropped.  But only shortly, it then rose. The dip must have been quantization noise.

Then in the end she lowered the one year, but still rose so she gave up, and announced a December hike in the IOR.

She is playing the onl role she has, keeping the federal budget in balance by trying to meet the  borrowing requirements of federal programs.  If Janet can bnalance he plates for six months then giver he a prize.

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