Reverse Engineering Finance

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December 23 QT

Analyzing the "Catastrophic" 11/9 30yr auction in extraordinary detail

November 23 QT

Revised QRA Playbook

Playbook for QRA week

Projecting the Quarterly Refunding Announcement

October 23 QT

Sept 23 QT

Treasury Issuance is what really matters

August 2023 QT

July QT

June QT

Update: if Debt Ceiling deal collapses X-Date is 6/8

If debt ceiling deal falls through, X-Date now unlikely in June

Extraordinary Measures

Updated X-Date analysis

Projecting the X-Date and the TGA

May QT

April QT

March QT

The true cause behind "net liquidity" working? I explore.

February QT

Projecting the debt ceiling's impact on TGA and UST issuance over the next 6 months

January QT

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