The U.S. repo market has come under the spotlight in the past couple of days as surging short-term interest rates are causing some stress for overnight funding on Wall Street, reminiscent of the 2019 ...
The Federal Reserve may have succeeded in thwarting major year-end turmoil in funding markets, but 2020 is likely to bring a whole new set of concerns. The U.S. central bank has been injecting ...
It's been three years since the turmoil in the market for repurchase agreements froze the funding universe and forced a Federal Reserve intervention. Yet risks still linger as another test approaches.
Spikes in a key short-term interest rate are raising eyebrows in the arcane but vital overnight funding market, drawing unsettling comparisons with turmoil that rocked the space more than four years ...
The New York Federal Reserve is well into its second week of offering market repurchase agreements. Known as repos, the operations are designed to soothe money markets and bring interest rates within ...
Editor’s note: This column does not necessarily reflect the opinion of Finance & Commerce, Bloomberg News or Bloomberg LP and its owners. The recent unrest in money markets, which briefly caused short ...
At their October 29-30 meeting, Federal Open Market Committee members weighed several options ahead for keeping the repo market stable and maintaining the central bank's key lending rate within its ...
The repo market madness lives on for a ninth day. The Federal Reserve Bank of New York announced Wednesday that it would increase the size of its next overnight system repurchase agreement operation ...
The New York Fed announced it is increasing its temporary overnight repo operations to $120 billion a day from the current $75 billion. In addition to the repo increase, term repo operations are ...
FROM ONE perspective, the Federal Reserve is expecting a quiet 2020. Of the 17 rate-setters at America’s central bank, 13 expect that it will not change interest rates at all during the coming year.