The Fed added $1.5 billion to the liquidity pool on Tuesday, issuing $5.25 billion in 3 day repos against $3.75 billion in expirations. It looks like Benny and the liquidity jets are getting the annual holiday pumpajam off to a slow start. We have yet to see that large 40 day repo that often kicks things off. Click here to download complete report in pdf format (Professional Edition Subscribers).
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