Today's #Treasury GCF #Repo hit 2.46%. Might not seem like a lot given what we've seen this month, but…
It's the largest 1-day month end "turn" for that index in over a decade. Despite.. Everything. #NotGood t.co/6vd6CLkMfH#rates #market #bonds t.co/sMWtgnhC3U pic.twitter.com/5GB7PlKyGO
— Monday Morning Macro (@MacroMorning) September 30, 2019
Quite the ride for funding spreads the past week. Here's what Dec-19 FRA/OIS has done. 🤦♀️
We're back to the "doubting it will be enough" phase… 🔥💵🔥📈#Markets vs @federalreserve pic.twitter.com/ibCyhvIe9Q
— Monday Morning Macro (@MacroMorning) September 25, 2019
QE or not QE? If it walks & quacks like a duck.. well, it's prob darn gonna #trade like a duck too.🐤💵🐤t.co/EVu0hhoAR1@federalreserve can call it whatever they want. From #Repo's to POMOs, LSAPs to (shh) #QE.. what you need to know & what happens next. 🔥💵🔥 pic.twitter.com/YyncM6Q38P
— Monday Morning Macro (@MacroMorning) September 30, 2019