Repo rates lowest since March 2018 on collateral demand
The cost to borrow in the overnight repo
market fell below the U.S. federal funds target range on Tuesday
on strong demand for Treasuries to rebalance portfolios at
year-end, with the Federal Reserve seeing the largest take-up
for its reverse repo operation in a year and a half.
market fell below the U.S. federal funds target range on Tuesday
on strong demand for Treasuries to rebalance portfolios at
year-end, with the Federal Reserve seeing the largest take-up
for its reverse repo operation in a year and a half.
Posted by Reuters
