Zoltan Pozsar- an expert on the intricacies of the Federal Reserve predicts as a result of the Fed making reverse repos more profitable that… ‘the re-priced RRP facility will become a problem for the banking system fast…’ As the article explains…’money funds (now) have an incentive to trade out of all their Treasury bills and park cash at the RRP facility.’
Share this post
Reverse Repo Explosion
Share this post
Zoltan Pozsar- an expert on the intricacies of the Federal Reserve predicts as a result of the Fed making reverse repos more profitable that… ‘the re-priced RRP facility will become a problem for the banking system fast…’ As the article explains…’money funds (now) have an incentive to trade out of all their Treasury bills and park cash at the RRP facility.’