> There was a hiccup in the repo market, so the Fed is "buying" extremely short term (e.g., O/N repo) instruments. Would you say this is now the new norm? Or s

> There was a hiccup in the repo market, so the Fed is "buying" extremely short term (e.g., O/N repo) instruments. Would you say this is now the new norm? Or something that will come and go as the trends change in the repo markets?