RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Liquidity Getting Worse By The Day: Fed Injects Record $132 Billion With Overnight Repo Wed Mar 11, 2020 6:02 pm | |
| Not much new to report this morning regarding the daily Fed' repo operations that we didn't already cover extensively yesterday in "Funding Freeze Getting Worse: Dealers Demand Record $216BN In Liquidity From Fed Repo", except to note that while we wait for tomorrow's upsized term repo operation, today's overnight repo, which as a reminder was recently upsized from $100BN to $150BN...
... saw the highest amount of both bids and accepted securities since the central bank resumed the offerings in September as the liquidity crisis is clearly getting worse by the day. Specifically, dealers submitted $132.375BN of bids at 1.10% vs a maximum of $150b, which was not only up from Tuesday’s total bids of $124BN, but also the highest in overnight repo history!
https://www.zerohedge.com/markets/liuiqidty-crisis-getting-worse-day-fed-injects-record-132-billion-overnight-repo?fbclid=IwAR27teSiUl7snL1ZGpwov2HUFffQgERbHVNiyTLaFdgluX-kaBRHcczf2UQ _________________ Anarcho Capitalists Retail , OZschwitz Downunder BoutiqueAnarcho-Capitalists,AnCaps Forum,Anti-State,Anti-Statist,Inalienable Rights Defenders,Non-Aggression Principle,Non-Initiation of Force Principle,Rothbardians,Anarchist,Capitalist,objectivism,Ayn Rand,Anarcho-Capitalism,Anarcho-Capitalist,politics,libertarianism,Ancap Forum,Anarchist Forum,Vulgar Libertarians,Hippies of The Right,Forum for Anarcho-Capitalist,Forum for Anarcho-Capitalists,Forum for AnCap,Forum for AnCaps,Libertarian,Anarcho-Objectivist,Freedom, Laissez Faire, Free Trade, Black Market, Randroid, Randroids, Rothbardian, AynArchist, Anarcho-Capitalist Forum, Anarchism, Anarchy, Free Market Anarchism, Free Market Anarchy, Market Anarchy
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