Barclays predicts the Federal Reserve will begin purchasing Treasury bills in February next year.

According to ChainCatcher, citing Jinshi, Barclays strategists predict that the Federal Reserve will begin purchasing Treasury bills in February next year, following hints from several key Fed officials that it will expand its balance sheet. Barclays strategist Samuel Earl stated, "Given the market's focus on repurchase rates, the Fed is in risk management mode, and starting asset purchases earlier seems to be the most likely outcome."