reverse repo

I am uneasy about where we are in the economic and credit cycle and the accuracy of the Fed’s forward guidance. I think we are above stall speed now. But I also think global policy divergence, slowing earnings growth and poor capex numbers…

Expectations of future shortages in quality liquid bonds in US debt markets continue to persist. These shortages however are likely to be more acute for short-term paper. As a percentage of total government debt for example, treasury bills…

The Fed's "full-allotment overnight reverse repurchase agreement facility" - a mechanism to control short-term rates - is no longer just an academic exercise. Given how dysfunctional the interbank market has become, using the fed funds…