Fed’s Warsh Needs to Launch Operation Twist, Academy’s Tchir Says
Peter Tchir, head of macro strategy at Academy Securities, calls the US Treasury Department’s move to increase its planned purchases of outstanding 10-year to 30-year debt “kind of mediocre” and says the Federal Reserve needs to talk about cutting rates and take hikes off the table. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.