The word is: LIQUIDITY.

Jeff Snider and Steve Van Metre look into whether there are too many U.S. Treasuries. You hear this all the time and while Uncle Sam has spent and borrowed more than human imagination can conceive the reason why the feds are able to is safety and liquidity come first. In 2023, we can see why that would be the case especially as more cracks emerge in key markets.

Source: Jeff Snider, Eurodollar University

If you enjoyed this video please like, comment and subscribe and I will be sure to provide more videos of the same nature. Thank you.