In spite of Fed Funds trading above target last night, the Fed pulled $2 billion out of the market this morning. The resulting stop out rate at today’s repo auction was 4.75%. 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.
