The Fed stood still prior to their rate announcement on Tuesday, again adding $12 billion in overnight repos against an equal amount of expirations, bringing the 5 day net to a drain of $3.25 billion. It has now been 6 days since the Fed added any cash to the market. 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.
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