The Fed added $4 billion to the market on Wednesday with $4 billion in two day repos against no expirations. That left the 5 day net at a drain of $2.5 billion. That’s on top of the Treasury settling $36.5 billion in net new debt over the past few days, with another $6.5 billion hitting this week. 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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