"Revolver Run": Banks Suffer Record $200BN In Outflows As Frenzied Companies Draw Down Revolvers

Mar 28th 2020 12:32pm EDT

“Revolver Run”: Banks Suffer Record $200BN In Outflows As Frenzied Companies Draw Down Revolvers Last Friday, we reported that in the aftermath of the great Commercial Paper panic of 2020, which erupted over the past two weeks when the Fed only launched a Commercial Paper backstop facility after the market freaked out last Tuesday, countless […]

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