Both repo and reverse repo operations were high today, because it's end of year window dressing.
Some financial institutions asked the Fed for liquidity, and others asked the Fed to take their extra liquidity. The net was tiny.
Liquidity is tight and heterogenous. Not a crisis.

MartyParty
@martypartymusic
01-01
US Treasury prints another $105b today.

-No, the Treasury did not print another $105B today.
-No, these numbers aren't related to banks facing a crisis on Dec 31st.
-No, hyperinflation is not imminent.
Thank you for your attention on these matters.
As an update, repo activity has chilled out for a bit. The last sizable tapping of the repo facility was Jan 2.

From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content





