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SECTOR ETFTLTIEFMIXEDSubstantive discussion · 3/5

No single ticker was named. Rates & bonds ETFs are one way for retail investors to get exposure. Not a recommendation.

Balance sheet reduction requires reserve demand reform

Significantly shrinking the Federal Reserve's balance sheet requires regulatory and structural changes to reduce commercial bank demand for reserves.

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Balance sheet reduction requires reserve demand reform · Zortix