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

Fed Still Mopping Up – WSE Pro

The Fed drained another $3.25 billion from the markets on Wednesday, the fiftth day in a row of draining operations. They added $2.25 billion in overnight repos against $5.5 billion in expirations. The action brought the 5 day net to an incredible drain of $20.25 billion. Yesterday’s 5% stopout rate on the repo auctions is now…

Pump Up The Volume, Ben- WSE Pro

The Fed pumped up the volume today pushing in $10 billion in overnight repos while only $3 billion were expiring. That brought the 5 day net add to a whopping $1.25 billion. Woo. I’m underwhelmed. Click here to download complete report in pdf format (Professional Edition Subscribers).Try the Professional Edition risk free for thirty days.…