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The New York Fed disclosed today that its overnight reverse repos (RRPs) spiked by $208 billion from yesterday, to a record $1.904 trillion. With these RRPs, the Fed took in $1.9 trillion in cash from 103 counterparties, and in exchange handed out Treasury securities, temporarily draining $1.9 trillion in liquidity from the market and financial […]
Posts Tagged ‘repos’
Fed Drains $1.9 Trillion in Liquidity from Market via Overnight Reverse Repos
January 2nd, 2022 
Awake Goy 
Posted in Jewish News 
Tags: drains, liquidity, market, overnight, repos, reverse, trillion 
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