Liquidity Surge in U.S. Money Markets
The Federal Reserve injected $74.6B of liquidity overnight through repo operations — one of the largest single-day repo additions this year.
Including earlier activity, total repo liquidity this week now exceeds $120B.
Repo operations act as short-term funding support for banks and primary dealers, helping stabilize funding rates, ease cash shortages, and reduce stress across money markets during periods of tight liquidity.