The Fed cut a net of $250 million from the liquidity pool on Thursday with a 6 day repo of $5 billion and a 14 day repo of $5 billion against $10.25 billion in expirations. That makes a 5 day net add of $6.25 billion. That’s still a long way from the $47 billion in net new money which the Treasury is settling today and tomorrow. 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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