Putting the Fed to the Test – WSE Pro

The Fed drained $3.75 billion from the market on Wednesday, adding $13 billion in 2 day repos against $16.75 billion in expirations. Thursday is set for minimal expirations of $7 billion in 14 day repos. Thursday’s Treasury settlements will hit the market for $9.6 billion in new cash, and $27 billion in CMBs settle Friday, the same day today’s repos will expire. The Fed will be put to the test both days. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information.

This entry was posted on May 30, 2007 at 4:56 pm and is filed under Money and The Fed, Professional Edition. You can follow any responses to this entry through the RSS 2.0 feed.