The Treasury's stealth QE is becoming less stealthy. The Fed is now buying bills, effectively allowing the Treasury to go full ATI mode. Whether you call it QE or not, the Fed is expanding its balance sheet again - before even considering political incentives for 2026. We've
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The Treasury's stealth QE is becoming less stealthy. The Fed is now buying bills, effectively allowing the Treasury to go full ATI mode. Whether you call it QE or not, the Fed is expanding its balance sheet again - before even considering political incentives for 2026. We've