Money and The Fed

Reports on the Fed and Treasury, primary dealers, foreign central banks, money market and mutual fund flows, and other factors that affect market liquidity

The Smell of Fear – WSE Pro

The Fed essentially stood still today, pulling just $0.25 billion out of the market with an overnight repo of $6.25 billion against expirations of $6.5 billion. That left the repo auction stop out rate at 4.83. Meanwhile after rates soared 35 basis points at this week’s 4 week bill auction on Tuesday, T-bill rates today…