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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Lee Lichterman III who wrote (59840)5/12/2022 4:59:10 PM
From: Real Man  Respond to of 98138
 
It’s a reverse repo, meaning coupon passes are parked at the Fed instead of being loaned out.
When it happens it’s as if there were no coupon passes. In other words, it’s a portion of liquidity that
never got loaned out, so it is still available.