Lyn Alden · 4d One of the few things *not* breaking these past few weeks is liquidity, actually. The Fed’s standing repo facility isn’t being used, the Fed’s swap lines aren’t being used, and the SOFR-IORB ... SatCat Diaries @SatCat 1775215374 Michael Howell of GLI has been warning of liquidity rolling over. A recent post warns of another GFC. Are you aware of his work and are you concerned? TIA 1❤️1