Demand for Fed Reverse Repo Surges to New High Amid Cash Glut (Overnight Reverse Repos Surged To New High For Third Consecutive Day)

by confoundedinterest17 I call this the “Great Slosh.” (Bloomberg) — Usage at the Federal Reserve’s facility for overnight reverse repurchase agreements Wednesday surged to a new record high for a third consecutive day. Seventy-three participants took $813.6 billion, which exceeded Tuesday’s all-time high of $791.6 billion …

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The Reaping! Fed’s Overnight Reverse Repo Hit New Record High Of $497.4 Billion (Fed Funds Effective Rate Only 6 Basis Points) 10Y Treasury Auction Sees High Yield Drop Below 1.5%

by confoundedinterest17 This reminds me of the film “The Reaping.” The Fed’s overnight reverse repo facility hit a new record high on Tuesday, rising to an all-time high of $497.4 billion. The New York Fed conducts overnight reverse repo operations each day …

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Welcome To (Treasury) Thunderdome! Overnight Reverse Repo Facility Surges To $104.7 Billion As Investors Seek Shelter From Negative Rates

by confoundedinterest17 The Treasury markets are getting blasted like in Thunderdome from Mel Gibson’s Mad Max Beyond Thunderdome. (Bloomberg) — The popularity of one Federal Reserve overnight deposit facility has surged as investors look for shelter from negative rates in short-term markets, which …

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FACT: If CA deported every Illegal overnight, CA could COMPLETELY END the sales tax in the ENTIRE state and still balance the budget.

by sandiegomagapede2 If you pay CA sales tax, thank an illegal. Illegal Immigrants cost the citizens of California $25 Billion dollars in taxes EVERY SINGLE YEAR http://fairus.org/issue/publications-resources/fiscal-burden-illegal-immigration-california-taxpayers The math comes out to $2,370 per Household. If every Illegal in CA …

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