RAB Capital’s Marshall Auerback on the CBO’s Report

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One response to “RAB Capital’s Marshall Auerback on the CBO’s Report

  1. Good job Marshall. Sometimes you must feel like an astronomer booked on an astrology show. :o)Per the host's mention of the wartime and post-war period, as you know, from 1942 to 1951 Tsy and Fed capped bond rates. Whatever Treasuries didn't sell at auction with those capped rates, the Fed would buy itself. Shockingly the Government never worried about the bond market "turning its back on it".