repos
What’s behind the ever-increasing need for emergency repos?
Authored by Mike Shedlock via MishTalk, What’s behind the ever-increasing need for emergency repos? A couple of correspondents have an eye on shadow banking. Shadow Banking The shadow banking system consists … Read more
$75B A Day! Liquidity Scramble: Fed Announces Overnight Repos Every Day Next Week, Introduces Term Repos
via Zerohedge: Yesterday we reported that Goldman now expects the Fed to restart Permanent Open Market Operations, i.e., bond purchases, i.e., QE some time in November. For those who missed it, Goldman … Read more