“Not QE” Surges To $88 Billion—Wall Street Punters Laughing All The Way To The Bank

So much for the ‘transitory’ liquidity shortage arguments put forth by commission-takers and asset-gatherers, The NYFed accepted $87.7 billion (in o/n and term) repo today – the highest level yet.

 

 

 

 

 

 

 

 

 

 

 

 

https://www.zerohedge.com/markets/not-transitory-fed-liquidity-handout-surges-near-90-billion