SPY slips from morning lows as Treasury General Account funding idea emerges
SPY stock futures recover from the morning low after reporting that the Treasury Department could use its General Account to fund bond-buying plans, alongside lower long-dated Treasury yields.
SPY Stock futures are off their low of the morning after my CNBC colleague Steve Liesman reported that the Treasury Department could use its massive General Account to help fund its bond-buying plans.
Yields on longer-dated Treasurys are lower this morning.
But will the relief last? - per Cramer Investing Club Newsletter