Fed biggest loan to date, 43.15 bln provided for 14 days in the one day market
eclipsed the last loan of mid 30’s / demand still there for cheap money as not all submitted accepted
a lot of money handed out to provided the funds to refinance bonds and loans - Jpm certainly enjoying some of the massive transactions.
last week was 69 bln in corporate bonds done- second biggest week in history apparently
43 thousand million dollars in one night - but the result was positive - rates fell nicely but still above fed overnight target rate
if they are supporting leverage and liquidity this much in early jan imagine the size of the loans when tax time comes around!
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