Menu Close

Fed Has Pump Room – WSE Pro

The Fed pumped $3.75 billion into the liquidity pool on Monday, adding $8.25 billion in overnight repos against $4.5 billion in expirations. The 5 day net rose to an add of $4.25 billion. That’s significantly less than the $11 billion in cash the Treasury pulled out of the market in settlements Thursday and today. This week they’ll suck out another $6 billion. Since the Fed has kept the System Open Market Account flat since last December, they have plenty of room to pump, should the need arise. Because the Treasury’s borrowing needs have been light so far, and the market has been so buoyant, the Fed hasn’t had to do much. 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.

Join the conversation and have a little fun at Capitalstool.com. If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

RSS
Follow by Email
LinkedIn
Share