Tag Archives: RRP market

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Cumberland Advisors Market Commentary – Repos and Reverse Repos

Author: Robert Eisenbeis, Ph.D., Post Date: September 27, 2019
Cumberland Advisors' Robert "Bob" Eisenbeis, Ph.D.

The week of September 16 saw the Federal Reserve Bank of New York inject funds into the repo market in response to an unusual spike in rates that was above the initial target range for the federal funds rate of 2.0–2.25%. (The target rate was lowered to 1.75–2.00% after the close of the FOMC’s meeting […]