Story thread · 2 reports / 2 sources

Fed’s Warsh Needs to Launch Operation Twist, Academy’s Tchir Says

bloomberg.com · 1h · first reportShare

Peter Tchir, head of macro strategy at Academy Securities, calls the US Treasury Department’s move to increase its planned purchases of outstanding 10-year to 30-year debt “kind of mediocre” and says the Federal Reserve needs to talk about cutting rates and take hikes off the table. (Source: Bloomberg)