This Wasn’t Supposed To Happen: FRA/OIS Explodes Higher After Fed’s “Bazooka Repos” Misfire
This Wasn’t Supposed To Happen: FRA/OIS Explodes Higher After Fed’s “Bazooka Repos” Misfire by Tyler Durden, https://www.zerohedge.com/ Yesterday, in the aftermath of the Fed’s $1.5 trillion repo bazooka and QE4 announcement when dealers submitted a paltry $78.4 billion in securities to the Fed’s new and massively upsized $500BN 3-month repo operation, we asked if the Fed was using …