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    Fed Reserve Interventions Suggest Significant Problems.. Archived Message

    Posted by Gerard on November 2, 2019, 11:33 am

    See the latest Keiser Report if you can..it's not available on the platforms yet....happily short on crypto-crap instead Max, Stacy and their guest from the Morgan Report concentrate on the recent increase in Fed interventions, someone is failing; "Perhaps Deutsche Bank"!

    "The New York Fed added $76.583 billion in liquidity to financial markets Monday.

    The injection came by way of an overnight repurchase-agreement operation. In it, the Fed took in $66.833 in Treasurys and $9.750 billion in mortgage debt.

    Fed repo interventions take in Treasury and mortgage securities from eligible banks in what is effectively a short-term loan of central-bank cash, collateralized by dealer-owned bonds. The Fed’s interventions are aimed at ensuring the financial system has enough liquidity and short-term borrowing rates remain well behaved.

    The Fed recently increased the sizes of its temporary operations as the month’s end and this week’s rate-setting Federal Open Market Committee meeting approach. Fed data released Monday showed short-term rates are near where central bankers expected them to be." https://www.wsj.com/articles/fed-adds-76-6-billion-in-overnight-liquidity-11572270912

    According to KR..the Fed has temporarily repossessed adding liquidity in ever increasing amounts sometimes twice on the same day over the past week (the recipient being -of-course so-far undisclosed).

    Interestingly, given our discussion on a thread below, during the discussion Max described the BoE as; "the purest kleptocracy!"..

    G

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