This Wasn't Supposed To Happen: One Day After Fed Rate Cut, Repos Signal Record Liquidity Shortage
Mar 4th 2020 8:51am EST
This Wasn’t Supposed To Happen: One Day After Fed Rate Cut, Repos Signal Record Liquidity Shortage Yesterday morning, when we discussed the sudden spike in liquidity shortage that resulted in both a (record) oversubscribed term repo and the first oversubscribed overnight repo since the start of the repo crisis last September that spawned QE4 and […]
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