1
$\begingroup$

I would like to read an extremely detailed (yet, if possible, accessible) account of exactly what happens when the US government borrows money -- how rates are negotiated, who exactly the counterparties are, how the debt they've bought is represented, which accounts are credited etc.

I would also like an extremely detailed account of exactly what happens when the Fed does open market operations -- all the same details as above.

What's a good resource?

$\endgroup$

0

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Browse other questions tagged or ask your own question.