Reverse Repo has ~$71B left until it is fully drained. QT continues unabated.
The question that remains is whether this will cause a September 2019-like overnight rate spasm that forces the Fed to st...
I just don't see the fed moving, nor do I see the markets caring.
The repo and fed target rates are lower than the market rates already. Dropping them won't fix it. Bad news brewing.
Now a cash injection, perhaps...
The repo and fed target rates are lower than the market rates already. Dropping them won't fix it. Bad news brewing.
Now a cash injection, perhaps...