The Fed Is Buying Billions in T-Bills. Just Don't Call It QE.

Core Viewpoint - The Federal Reserve's actions are framed as a management strategy for money-market conditions, while some analysts interpret it as a coordinated effort with the Treasury to address the deficit and lower long-term yields [1] Group 1 - The Federal Reserve is managing money-market conditions through its recent actions [1] - There is a perception among some analysts that the Federal Reserve is coordinating with the Treasury [1] - The coordination aims to help fund the deficit and suppress long-term yields [1]