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Before You Know It - February 29,30,31, 2021


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Reminder- $55 billion in T-bill paydowns hit tomorrow and Thursday. Market successfully handled the settlement of $139 billion in new coupon paper today. The pressure from that came last week. The T-bill paydowns clearly have helped ameliorate, with excess cash going to... where else! Stonks!  

Janet, like Sal Minichin before her, is a genius. 

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