Fed plans to ease capital rules for big banks They’ll get more leverage to buy Treasuries Same playbook that led to 2008 No lessons learned.

CWR . . . . . . . . . . . . . . Article

The $29 trillion Treasury market has been flashing red. Liquidity is thin. Yields are volatile. Demand at recent auctions has been weak. The Fed and Treasury are watching the bond market wobble under the weight of rising rates and ballooning deficits.