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tulla236a

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tulla236a

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Thursday, 03/28/2024 1:24:13 PM

Thursday, March 28, 2024 1:24:13 PM

Post# of 140102
it looks like the fed bailed out the emergency fund borrowers. reverse repos jumped up $100 billion the last 2 days and added about 20 counterparties. but now they are paying 5.3 % interest. banks that borrowed against the emergency fund were making money because of the interest rate spread.

https://www.newyorkfed.org/markets/desk-operations/reverse-repo
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