2min snip

Forward Guidance cover image

“Nightmare Scenario” For The Fed | Felix Jauvin

Forward Guidance

NOTE

Reverse Repo

The increase in TGA indicates the Treasury is issuing collateral and receiving cash, which is a drain on net liquidity. The FOMC committee's recent hike brought the return rate on reverse repo up to 4.3%, making it a safer and more profitable option for money market funds. The reverse repo number could potentially reach 2.3 trillion in the next few weeks, leading to minimal reason for money market funds to allocate into the short end of the yield curve.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode