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General Collateral Rate Surges To Post Fed-Hike Highs On Quarter End Window Dressing 

By: micro1 in POPE IV | Recommend this post (1)
Thu, 30 Jun 16 9:52 PM | 54 view(s)
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Msg. 08413 of 47202
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The overnight general collateral rate has jumped to 0.75% this morning. The GC rate has spiked at the end of every quarter for over a year, as money funds face increased regulations and need to streamline their balance sheets at quarter end, in other word "window dress" balance sheets and make them appear better than they are for regulatory purposes.

http://www.zerohedge.com/news/2016-06-30/general-collateral-rate-surges-post-fed-hike-highs-quarter-end-window-dressing




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