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FED Reverse Repo Usage Lowest In A Month

US
  • NY Fed reverse repo usage stepped a little further back to $2,138B from Friday’s $2,167B, hitting the lowest since Jun 7 having pulled back from Thursday’s month and quarter-end driven new record of $2,330B.
  • The number of counterparties also dipped to a more typical 96 from 99 on Friday and 108 on that Thursday high.

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