Home » Economics » Not Transitory – Fed Liquidity Handout Surges To Near $90 Billion

Olduvai
Click on image to purchase

Olduvai III: Catacylsm
Click on image to purchase

Post categories

Not Transitory – Fed Liquidity Handout Surges To Near $90 Billion

Not Transitory – Fed Liquidity Handout Surges To Near $90 Billion

So much for the ‘transitory’ liquidity shortage arguments put forth by commission-takers and asset-gatherers, The NYFed accepted $87.7 billion (in o/n and term) repo today – the highest level yet.

The Fed accepted $20.1 billion in 14-day term repo…

And $67.7 billion in overnight repo…

The biggest overnight repo (liquidity bailout) since September.

Having stabilized in the $30-40 billion range, liquidity needs have surged once again as it seems the big banks just cannot wait for The Fed’s NotQE in November.

Olduvai IV: Courage
In progress...

Olduvai II: Exodus
Click on image to purchase