Cash Flood Drives Use of Fed Reverse Repo to Record $1 Trillion
An overabundance of cash in U.S. interest-rate markets has for the first time ever pushed the amount that investors are parking at a major central bank facility to more than $1 trillion. Eighty-six participants on Friday placed an unprecedented total of $1.
from Pocket https://www.bloomberg.com/news/articles/2021-07-30/fed-reverse-repo-usage-tops-1-trillion-for-first-time-ever
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