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Why isn't anyone talking about the liquidity squeeze? The Fed has said nothing about which entities had trouble borrowing in the repo market. It has only discu
by XnoiVeX 7y ago
Why isn't anyone talking about the liquidity squeeze?
The Fed has said nothing about which entities had trouble borrowing in the repo market. It has only discussed a couple of suggestions why banks might have refused to lend to the repo market, and has said that it is still investigating why banks had refused to lend to it. The whole thing is still shrouded in mystery, and speculation is all around it.
https://wolfstreet.com/2019/11/06/whats-behind-the-feds-bailout-of-the-repo-market/ https://wolfstreet.com/2019/11/06/whats-behind-the-feds-bail...
- XnoiVeX 7y agoI found a convincing answer here connected to delays in raising the debt ceiling among other things like corporate tax payments in Sep. https://www.ibtimes.com/new-york-fed-steps-market-move-interest-rates-2828111 https://www.ibtimes.com/new-york-fed-steps-market-move-inter...