Did Yellen move issuance to the short end of the curve, not to boost liquidity, but because she does not want to finance long term at high rates, knowing full well that rates will be cut in the not too distant future? Meaning high interest payments as % expenditures are not here to stay?
Need some help form the community here. I looked at Mara Barry’s Wikipedia page and noticed that here portrait had the American flag in the background and the flag for Homeland Security. The American flag makes sense, but what about the other one? Here is the link:
https://en.m.wikipedia.org/wiki/Mary_Barra
Notes by Sam | export