Fed liquidity facilities still not showing signs of market stress

Whereas there are indicators of stress in cash markets, they aren’t making their option to Federal Reserve liquidity instruments. Day by day inflows into the central financial institution’s reverse repo facility, which takes in money from eligible corporations, proceed to hold proper across the $1.5 trillion mark, in keeping with exercise over current weeks. Additionally, there have been no takers as soon as once more on Tuesday on the Fed’s Standing Repo Facility, for a instrument that provides quick liquidity to eligible monetary corporations.