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In One Chart: Fed sees record $756 billion demand for reverse repo program. Expect it to hit $1 trillion, say rates strategists

In One Chart: Fed sees record $756 billion demand for reverse repo program. Expect it to hit $1 trillion, say rates strategists

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Demand by banks and others using the Federal Reserve’s overnight reverse repo program surged to a new $755.80 billion record high on Thursday, a day after the central bank bumped up how much it pays on parked cash.

...read full article on Market Watch

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