The New York Fed's reverse repo operations saw a decrease to $333 billion, down nearly $100 billion since Thursday. This drop indicates a downward trend, suggesting an increase in Treasury borrowing.
NY FED ACCEPTS $375.54 BLN AT OVERNIGHT REVERSE REPO FACILITY ON JUNE 18
68 COUNTERPARTIES TAKE $375.542B AT FED REVERSE REPO OPERATION.
Reverse Repo operations at the NY Fed drop to $333 billion, down almost $100 billion since Thursday and near the tax-day low of $327 billion - looks like we're back on the downward trend and can expect Treasury borrowing to have picked up again: https://t.co/MaszY5Y1d1
NEW YORK FED ACCEPTS $333.4 BLN SUBMITTED TO OVERNIGHT REVERSE REPO FACILITY ON JUN 17
⚠️ NEW YORK FED ACCEPTS $333.4 BLN SUBMITTED TO OVERNIGHT REVERSE REPO FACILITY ON JUN 17
66 COUNTERPARTIES TAKE $333.429B AT FED REVERSE REPO OPERATION.
68 COUNTERPARTIES TAKE $386.885B AT FED REVERSE REPO OPERATION.