Fed’s Emergency Repo Operation Oversubscribed As Repo Rates Spike To December High
Fed’s Emergency Repo Operation Oversubscribed As Repo Rates Spike To December High by Tyler Durden, https://www.zerohedge.com/ Ahead of today’s massive liquidity drain, which according to some calculations will be as much as $100 billion between $54BN in coupon settlements from last week’s Treasury auctions and an additional $50 billion or so in corporate income tax payments …