"Economists are pessimists: they've predicted 8 of the last 3 depressions."
--Barry Asmus

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Wednesday, January 5, 2011


Your POMO du jour is an Outright Coupon[1] Purchase, with $9,360 million face submitted, and $1,500 million face purchased. There will be similar transactions tomorrow (looking for $6-$8 billion), Friday (looking for another $6-$8 billion), Monday (looking for $7-$9 billion) and Tuesday (looking for another $7-$9 billion). The new tenative schedule will then be released at 2 PM on 1/12 at 2 PM EST.
[1] Presumably STRIPS, although I feel like a slacker because I haven't been able to confirm this.

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