dollar fed Markets

Whac-A-Mole! Fed Faces Nightmare As Libor, Cross-Currency Basis Blow Out, CP Market ‘Frozen’

Stress, pressure, strain - pick your descriptor.

Stress, pressure, strain - pick your descriptor.
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1 comment on “Whac-A-Mole! Fed Faces Nightmare As Libor, Cross-Currency Basis Blow Out, CP Market ‘Frozen’

  1. It seems at this point the central banks have given the banks a free pass, i.e., capital waivers, liquidity waivers. Why not have the banks hold CP on their balance sheets for now?

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