Market News
Fed’s Treasury Buying Will Come in Handy as Others Sell - BARRON'S
Randall W. Forsyth
“Everything keeps changing in this transitory life,” according to the performance artist Laurie Anderson. The use of “transitory” was assumed to have been consigned to the dustbin of the history of the Federal Reserve’s blunders after the Fed failed to recognize that post-Covid inflation was anything but passing.