NY Fed Announces Today That Repo Madness Is Growing in Size!
- WallStForMainSt
Today the NY Fed announced that Repo Madness was continuing to grow in size! Read the NY Fed’s Official Announcement on Twitter here: https://twitter.com/NewYorkFed/status…
The Fed is sharply increasing the amount of help it is providing to the financial system https://www.cnbc.com/amp/2019/10/23/f…
Is this why Repo Madness in increasing?
1) NY Fed accepts $49.854 overnight repo bids https://finance.yahoo.com/news/ny-fed…
2) Dollar Liquidity Turmoil Returns With First Oversubscribed Term Repo In A Month, $99.9 Billion Liquidity Injection https://www.zerohedge.com/markets/dol…
3) As Liquidity Evaporates, Fed’s Third Bill POMO Is 5.5 Oversubscribed, Most Yet https://www.zerohedge.com/markets/liq…
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