Repo Panic Returns As Fed Injects $99BN

[tsptalk]

Repo Panic Returns As Fed Injects $99BN In Liquidity, Including First Oversubscribed Term Repo In Three Weeks

And just like that, the repo market is on the fritz once again.

More than two weeks after the last oversubscribed term repo operation on December 16, moments ago the Fed announced that Dealers are once again scrambling for liquidity, submitting $41.12BN in securities ($30.7BN in TSYs, $10.42BN in MBS) into today's 2-week repo operation, which was oversubscribed hitting the maximum operation limit of $35BN.

https://www.zerohedge.com/markets/re...o-mid-december

[James48843]

Repo Panic Returns As Fed Injects $99BN In Liquidity, Including First Oversubscribed Term Repo In Three Weeks



https://www.zerohedge.com/markets/re...o-mid-december

That is significant. It tells me there are still HUGE bets taking place.

It also means likely that stocks will get a push upwards in the next few days, UNTIL the break comes.

Literally high stakes poker in action.