The New York Fed isn’t Supporting the Repo Market, they are the Repo Market, Says Rep. French Hill

“In 2018, the average daily repo and reverse repo outstanding was $3.9 trillion, down 3.3% from 2017. The average daily repo oustanding totaled $2.2 trillion in 2018, down 2.1% y-o-y while the average daily reverse repo outstanding totaled $1.7 trillion in 2018, down 4.7% y-o-y”. SIFMA

Leave a Reply

%d bloggers like this: