Coronavirus Repo Madness: Fed Pumps Overnight Liquidity To $175 Billion
The Fed is attempting to keep the financial system functioning smoothly as banks tighten grip on funding to fend off coronavirus threats.
Repo Madness
Repo Madness: Overnight Operations Jump to $150 Billion on New Year’s Eve
The New York Fed is getting ready for a possible liquidity crunch at the end of the year.
Repo Madness: Fed Pumps Overnight Bank Funds to $120 Billion a Day
The “temporary liquidity operations” are looking a lot less temporary with each passing day.
Elizabeth Warren Asks if Banks are Using Repo Madness to Loosen Liquidity Rules
Elizabeth Warren takes notice of the banks attempting to make the most out of the crisis in the short-term funding market.
Fed Announces New Balance Sheet Expansion, Extends Repo Operations Through January
The Fed is back in the business of buying Treasury bills again but it really, really doesn’t want you to call it QE.
Repo Madness: Demand for Overnight Funding Falls to $54.9 Billion
The market appeared to be on steadier footing on Tuesday, with demand falling to the lowest level in almost two weeks.
Repo Madness Monday: Fed Pumps $63.5 Billion of Cash Into Short-Term Market
The madness was a bit milder on Monday, perhaps indicating that the Fed’s intervention is working to relieve repo stress
Repo Madness Day 8: NY Fed Pumps $110 Billion of Cash into Market
No sign of stability in the short-term funding market.
Repo Madness: New York Fed Boosts Overnight Funds to $100 Billion
Demand for short-term cash loans for banks is rising and liquidity crunch rolls on.
Repo Madness Day 7: Banks Seek $92 Billion of Repo Funding from NY Fed
The short-term funding market still needs emergency liquidty from the Federal Reserve.
Repo Madness Day 6: Fed Aid Jumps to $105 Billion
The amount of funds needed to keep the short-term repo market under control is still growing and demand is rising.
Repo Madness Day 5: NY Fed Pumps $65.8 Billion Into Funding Market
The Fed’s intervention in the overnight funding market for banks entered its second week on Monday.
Repo Madness Heads Into Day 4: Another $75 Billion Liquidity Drop from NY Fed Coming Friday
The Fed’s life support for the short-term funding market will continue on Friday.