Fed’s Fourth Bill POMO Is Most Oversubscribed Yet Amid Liquidity Scramble
Fed’s Fourth Bill POMO Is Most Oversubscribed Yet Amid Liquidity Scramble by Tyler Durden, https://www.zerohedge.com/ One day after the Fed unexpectedly saw a surge in demand for its term-repo operation, which was oversubscribed for the first time since the mid-September repo crisis erupted, the liquidity shortage in the funding market appears to be getting worse …