Liquidity Getting Worse By The Day: Fed Injects Record $132 Billion With Overnight Repo
Mot 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…
https://www.zerohedge.com/markets/liuiqidty-crisis-getting-worse-day-fed-injects-record-132-billion-overnight-repo