Currently the US economy has the stimulus knob turned to max. It’s almost expected to see this kind of stuff in the interim as markets are awash in liquidity.

Currently the US economy has the stimulus knob turned to max. It’s almost expected to see this kind of stuff in the interim as markets are awash in liquidity. Check out the Fed RRP use lately… There is over $1 TRILLION dollars going through the Feds reverse repo system right now. If you’re interested in this stuff I’d suggest following @arishisays