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China Eases Big, Delivers Large Cut To 7-Day Reverse Repo Rate

If you were looking for a sign...

If you were looking for a sign...
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2 comments on “China Eases Big, Delivers Large Cut To 7-Day Reverse Repo Rate

  1. payshunt says:

    Seems like odd little baby steps? The evidence shows that their SWF de-risking triggered the cascade in US equities and bonds. Are they playing the system or are they getting played?

  2. Viss says:

    Jeff Snider freaking out about Libor
    .
    How huge? The TED spread, that is, the difference between 3-month LIBOR and the 3-month T-bill yield, has blown out to the highest since GFC1 surpassing even 2011. Since TED is a measure of credit risk in the interbank markets, it is telling us something important about Jay Powell as well as those falling fed funds and repo rates.

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