Fed's Reverse Repurchase Agreements Hits $2 Trillion [Eurodollar University, Ep. 243]
Two short-term money markets are yielding LESS THAN the Federal Reserve’s RISK FREE reverse repurchase agreement program. Despite the Fed offering now $2 trillion in Treasury securities to the market the ‘below-market’ yields are signaling there’s not enough money / credit / collateral / securities available — a money shortage. —-EP. 243 REFERENCES—- RRP (use) … Read more