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Published on Friday, October 4, 2019

U.S. Repo Market Tracker. October 4, 2019

Repo Rates: Rates continue to stabilize. Fed Open Market Operations: Average daily intervention softened to $47bn this week from $86bn prior. Fed Balance Sheet: Total assets up $185bn since 8/28; Reserves up $101bn since start of turmoil.

Key points

  • Key points:
  • U.S. Treasury: General account up $152bn in 3 weeks; issuance expected to increase
  • Financial Markets: No evidence of significant contagion

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