Liquidity is quietly turning
QT effectively ended on Dec 1
By Dec 12, QE conditions are back
Just 12 days later, the Fed begins $40B in T-bill purchases.
It’s the early setup for a new liquidity cycle heading into 2026.
QT effectively ended on Dec 1
By Dec 12, QE conditions are back
Just 12 days later, the Fed begins $40B in T-bill purchases.
It’s the early setup for a new liquidity cycle heading into 2026.
