Crazy world.
Fed reverse repo volume sparks worries U.S. short-term rates could go below zero
Financial institutions flush with cash have flocked to the Federal Reserve's reverse repurchase (RRP) facility, loaning the U.S. central bank money at 0% interest and raising concerns in the bond market that key short-term interest rates could actually fall below zero.
Read in Reuters: https://apple.news/ArahMTA8AT9WADcsJuzOp3A
Shared from Apple News
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