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RE: Is the Flattening Yield Curve down to how the Fed is unwinding QE?
There was a story around last year about the Swiss National Bank printing swiss francs and then selling them for dollars and euros to hold down the value of the franc. I guess they parked some of that money in treasuries.
That's astonishing. I'm sure they didn't mean to manipulate markets like that, but that's the net result.