Tuesday, October 04, 2016 1:36:56 PM
The interest rate on repurchase agreements, in which financial institutions use U.S. Treasuries and other securities as collateral to raise cash from investors, was last quoted at 0.75-0.80 percent after falling as low as 0.30-0.40 percent earlier Monday, according to ICAP data. USONRP=GCMN
The overnight repo rate rose as high as 1.75 percent on Friday, which was last seen nearly eight years ago during the height of the financial crisis. This market is often volatile at quarter end and start, but this time it is way more extreme. One analysts notes - if this lasts until Wednesday there is some fundamental change.
It is hard to get up to date quotes except on the repo futures index, and that seems quite delayed, but early this morning the December futures were down, meaning interest rates up and probably why Bonds continued to fall.
http://www.playstocks.net/index.php/market-trends/chart-of-the-day
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM