Overnight Reverse Repo falls ~48% in one day?!?
Overnight Reverse Repo falls ~48% in one day?!? pic.twitter.com/ceRcSFQVm0 — Loren Boston THE FIAT WORLD IS WORRIED (@LorenBoston) February 4, 2025 Falling 49% in one day is unprecedented. It means sources of market liquidity are drying up quickly. When RRP falls to zero, and as the Fed continues to decrease its balance sheet (sell USTs), …