Fed's overnight reverse repo use falls to lowest since 2021
Demand for the Federal Reserve's overnight reverse repurchase agreements fell to near its lowest level in three-and-a-half years on Tuesday. About 60 participants deposited about $238 billion at the Fed through overnight reverse repos, the lowest level since May 2021, according to the New York Fed. The amount was $261 billion in the previous session.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Crypto Holders Turn to Loans as Markets Cool in 2026: CQ
Bitcoin Is Backed by Nothing? Peter Schiff Revives Old War
Dark Defender: The Upcoming Week Is Expected to Be Surprising. Here’s why