Rehypocalypse. Since the Treasury Dept. is the primary source/of the bond they're effective margin calling the shorts. For reference, the rehypothecation rate for bonds is usually in the 20's x (at least 20 short pos. per 1 issued bond). Pull $200B out and you'll have a $4T+ problem from leveraged positions. That's not including all the other bullshit leveraged leverage they do too.
And remember, as bond value goes up (i.e. short squeeze) and interest rates drop.
Rehypocalypse. Since the Treasury Dept. is the primary source/of the bond they're effective margin calling the shorts. For reference, the rehypothecation rate for bonds is usually in the 20's x (at least 20 short pos. per 1 issued bond). Pull $200B out and you'll have a $4T+ problem from leveraged positions. That's not including all the other bullshit leveraged leverage they do too.
And remember, as bond value goes up (i.e. short squeeze) and interest rates drop.
spicy
Yup. Moving off the fed to the parrallel and proper system.of money through tje teeasury.