The Fed announced it had accepted over $104 billion in collateral as part of today’s overnight and term repo operations.
However, Jim Bianco Tweeted out today that “The repo markets are not only NOT getting better, today the Fed is supplying $205 billion of repo, taking out the quarter-end peak of $202 billion set of September 30. Repo needs more and more Fed “medication” to stay calm.”
Read Jim Bianco’s Tweet about how today’s repo was really a record $205 billion in one day and NOT $104 billion: twitter.com/biancoresearch/st…
So is this another large data discrepancy?