As the title would suggest, this post is unrelated to teaching.

Do you enjoy the pulpy goodness of Ken Follett? The riveting pace of John Grisham? or the story telling of JK Rowling? My friend Matt, a real up and comer at the NY Fed, published a piece entitled “Buybacks in Treasury Cash and Debt Management” that for many of you Fed watchers will be a must read. For those of you who are not fed watchers, perhaps the character development will be what hooks you.
Matt has assured me that this piece has none of those qualities, but you have to start somewhere. I can tell you that the phrase “…smoothing week-to-week fluctuations in Treasury bill offerings” sent me right to the download button.

Thanks to Matt and his co-author Kenneth for their hard work in analyzing this complex problem and for allowing us to peer into the heads of these brilliant men.

Back to work.

by Tyler, CEO