Money Market Update
repo volumes reach new highs as rates move away from the Fed's floor. a Fed "repo put", however, seems far away. meanwhile, a new Fed Funds monitor has been added, with a repo "stress monitor" up next
Welcome, Conks readers. We are now 40.5k+ strong. A slight agenda change. Before publishing our report on the Fed’s global defense mechanism, we’ll be demystifying in detail the repo rate “spikes” that erupt on key financial dates. One topic may be more time-dependent than the other.
And with that said, onto the money market update…
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Are your expectations for the QRA today 750 for this and 500 for next qtr?