New York Fed Schedules $6.8 Billion Treasury Bill Buys This Week

The Federal Reserve Bank of New York announced Treasury bill purchase operations totaling about $6.8 billion from Monday through Friday, including a major $6.08 billion buy today at 9 a.m. ET for bills maturing in fourto 12 months. These 'reserve management purchases, launched December 10, aim to add around $40 billion in bills this month to counter rising reserve demand and seasonal factors like tax payments, following the end of quantitative tightening. Traders and crypto fans see it as a liquidity boost for a potential year-end rally, though veterans note these short-term moves are routine and modest in scale 🫣🫣🫣🌎🌎🌎 $XRP $BNB $DOGE #Shahin_7x #BTCVSGOLD #BinanceAlphaAlert #USCryptoStakingTaxReview #USNonFarmPayrollReport