: Federal Reserve’s reverse repo program sees record $1.6 trillion demand on Thursday

As the clock ticks down on the U.S. federal debt-ceiling standoff in Washington, Wall Street firms are parking a record $1.605 trillion of cash overnight Thursday in the Federal Reserve's popular reverse repo program.


source http://www.marketwatch.com/news/story.asp?guid=%7B20C05575-04D4-B545-7683-517FA964DAB0%7D&siteid=rss&rss=1

Comments

Post a Comment

Popular posts from this blog

The Ratings Game: Marvell will be ‘in the same camp’ as AMD, Nvidia after ‘one of the best’ semiconductor earnings calls

Image
Shares of Marvell Technology Inc. are soaring toward their best trading day since 2008 after the chipmaker posted an earnings report that drew cheers over the company's bullish growth expectations and its ascension in the world of hot semiconductors names. source http://www.marketwatch.com/news/story.asp?guid=%7B20C05575-04D4-B545-77C2-FC1745FE996C%7D&siteid=rss&rss=1
Read more