MarketsInsider/Theron Mohamed/7-5-2022
“‘Drugs are hard to kick,” Burry said in a now-deleted tweet. ‘Fed was supposed to sell $30B Treasuries and $17.5B Mortgage-Backed Securities per month starting June 1. QT. During June, MBS holdings rose almost $3B. Treasury holdings fell less than $10B,’ the investor of ‘The Big Short’ fame added.”
USAGOLD note: The latest from Burry…… We were not aware that the Fed fell short of its target.
