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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CRAZY: 46 COUNTERPARTIES TAKE $497.4B AT FED’S FIXED-RATE REVERSE REPO… TRADERS LAST WEEK SPENT $11.6 BILLION ON OPTIONS CONTRACTS TIED TO $AMC, MORE THAN ON $SPY, $QQQ AND $TSLA COMBINED

almost got to half a trillion *46 COUNTERPARTIES TAKE $497.4B AT FED'S FIXED-RATE REVERSE REPO pic.twitter.com/CK5PcTrnvN — Brian Chappatta (@BChappatta) June 8, 2021 TRADERS LAST WEEK SPENT $11.6 BILLION ON OPTIONS CONTRACTS TIED TO $AMC, MORE THAN ON $SPY, $QQQ …

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The Fed’s Reverse Repo Madness

by Dave Kranzler of Investment Research Dynamics Let me translate – We at The Fed have to pretend that we might one day stop QE, but we know in truth that that we can’t. The last time we tried tapping our foot lightly …

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