Money Market Update

enough funding alarm bells have chimed, with the Fed set to announce or initiate its next plumbing put. the enigma, however, is deciding when to unleash…

Oct 27 • 

Conks

84

4

Infographics: The Fed Funds "Liquidity Booster"

how smaller banks can game regulatory ratios by tapping the fed funds market

Oct 16 • 

Conks

52

6

Infographics: The Fed's Target Rate Evolution

an overview of the flows/trades that fuel the Fed's current (& future) target rate

Oct 12 • 

Conks

42

2

Infographics: The Fed Funds Arbitrage Complex

an overview of the plumbing & flows involved in interbank (o/n FF) arbitrage trades

Oct 11 • 

Conks

45

5

Money Market Update

as the "takeoff" of ultra-short-end rates begins, a "landing" likely in the form of QT ending will follow, just as the Fed unofficially sets in motion…

Oct 7 • 

Conks

59

4

September 2025

The Fed's Reckoning: Part II

money market interlinkages and the coming central bank put

Sep 30 • 

Conks

78

4

Money Market Update

mid-month pressures have arisen but will soon clear. nevertheless, higher money market rates will prevail, increasing odds of central bank action. this…

Sep 15 • 

Conks

59

The Fed's Reckoning: Part I

a plumbing "soft (or hard) landing" awaits monetary leaders

Sep 9 • 

Conks

77

2

Infographics: The Fed's Repo Hierarchy

an overview of the hierarchy at which certain types of entities transact in repo markets

Sep 4 • 

Conks

45

1

Infographics: The Global Dollar Rates Hierarchy ('25 Version)

an updated overview of the global $ rate hierarchy bounded by the Fed’s target ranges (a.k.a jaws) for USD rates

Sep 3 • 

Conks

61

August 2025

The Shadow Cash Market: Part II

the "bond-like" market and understated liquidity

Aug 10 • 

Conks

60

1

July 2025

Infographics: Shadow Cash Trades & Flows

"bond-like" trades and flows mapped out

Jul 27 • 

Conks

35