The New York Federal Reserve's overnight reverse repo facility recorded its lowest inflow since May 2021 at $316.246 billion on Monday. Investors shifted funds to the overnight repo market amid stock sell-offs. This trend, influenced by increased supply of Treasury bills, resulted in softened repo rates, with lower repo activity expected to continue this week. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
