Taking A Little Off- WSE Pro

The Fed took just a little off the table Friday, pulling a half billion in cash from the market with $3.25 billion in weekend repos against $3.25 billion in expirations. The 5 day net rose to a net add of $10.25 billion reversing a couple of weeks of tightness. The SOMA line remains well off the bottom of the 5 % growth channel, from where the Fed typically reverses course after a period of tightness. 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 June 29, 2007 at 2:39 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.