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Cash piled at Fed's repo facility topped $2Tn record by Wall Street. What does it mean?

In One Chart wrote a column · May 24, 2022 16:59

Cash piled at Fed's repo facility topped $2Tn record by Wall Street. What does it mean?

$S&P 500 Index (.SPX.US)$ $Treasury Yield 5 Years (.FVX.US)$ $Dow Jones Industrial Average (.DJI.US)$ $Treasury Yield 30 Years (.TYX.US)$

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Al Bondiga : it means banks have more liquidity than they are supposed to have

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