Today, we get December’s second (out of three) Double POMO amounting to just about $5 billion. Any questions?
And in case there are, here it is straight from the Treasury, explaining how the market performs on days in which there is over $5 billion in POMO:
     |
via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/Fn99rmKZKso/story01.htm Tyler Durden