The Overnight Reverse Repo Market as A Liquidity Measure
I like to use Overnight Reverse Repo (ONRR) activity as a measure of liquidity in the system. The Fed’s ONRR rate was 5.30% as of August 5th. One can see how ONRR activity was over $2 Trillion approx…
Keep reading with a 7-day free trial
Subscribe to TEK2day to keep reading this post and get 7 days of free access to the full post archives.