Quantitative Tightening at it’s finest! Sold $13B in Treasuries, but bought $5B in MBS

 

They announced in May that they were going to sell 30B worth of T-bonds, as well as 17.5B worth of MBS, EACH MONTH in June, July & August, and are supposed to sell 60B of T-bonds & 35B of MBS starting this month…. If someone can make some maf, it sure looks like the  numbers aren’t adding up..