Here We Go Again: Zoltan Warns Repo Market On Verge Of Major Shock As Key Funding Rate Turns Negative
Here We Go Again: Zoltan Warns Repo Market On Verge Of Major Shock As Key Funding Rate Turns Negative - NXTmine Here We Go Again: Zoltan Warns Repo Market On Verge Of Major Shock As Key Funding Rate Turns Negative Two weeks ago, when discussing the imminent avalanche of cash set to be unleashed by the Treasury – as a tsunami of $800BN in extra liq… Here We Go Again: Zoltan Warns Repo Market On Verge Of Major Shock As Key Funding Rate Turns Negative Two weeks ago, when discussing the imminent avalanche of cash set to be unleashed by the Treasury - as a tsunami of $800BN in extra liquidity hits markets over the next 6 weeks, and a total of $1.1 trillion in the next 10 weeks - we said that " nobody was paying attention" to this coming flood of liquidity. Since then, some have started to pay attention, with Bloomberg writing an article yesterday titled " Yellen Shift on Vast Treasury Cash Pile Poses Problem for Powell " in which it described the liquidity "tsunami&