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Repo Rate Soars Most On Record As Yield Curve Goes Nuts In Year-End Liquidity Chaos

By: capt_nemo in POPE 5 | Recommend this post (0)
Wed, 02 Jan 19 11:35 AM | 38 view(s)
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Msg. 18921 of 62138
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The last day of the year held some surprises for traders who were already in a festive mood: from an odd 15 spike in the S&P in the last second of trading, to a record surge in the overnight repo rate, to a bizarre inversion in the Treasury curve.

http://www.zerohedge.com/news/2019-01-01/repo-rate-soars-most-record-yield-curve-goes-nuts-year-end-liquidity-chaos

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.

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