as the debt limit deal looms, SOFR moves above ON/RRP, meaning markets are dictating repo rates, and we'll likely see more RRP drain, as MMFs fund leveraged investors and invest in superior yielding bills
Money Market Update
Money Market Update
Money Market Update
as the debt limit deal looms, SOFR moves above ON/RRP, meaning markets are dictating repo rates, and we'll likely see more RRP drain, as MMFs fund leveraged investors and invest in superior yielding bills