UPDATE 4-Overnight U.S. repo rate falls, after brief morning spike
The overnight repo rate fell on Monday,
after a brief early rise, as the New York Federal Reserve’s
efforts to inject liquidity into the market appeared to ensure
there were enough loans to finance large corporate tax payments
and Treasury debt settlements.
after a brief early rise, as the New York Federal Reserve’s
efforts to inject liquidity into the market appeared to ensure
there were enough loans to finance large corporate tax payments
and Treasury debt settlements.
Posted by Reuters