Saudi/Fed teamwork

Looks like markets are still trading with the assumption that as the Saudis/Russians hike prices the Fed will accommodate with rate cut. That’s a pretty

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Repo Mkts and TAF

(an interoffice email) On 12/21/07, Pat Doyle wrote: > > > > It is becoming apparent that the funding pressures for year end are ebbing.

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Fed finally gets it?

The Fed was finally successful in cutting the fed funds/libor spread with a glorified 28 day repo, after failing to narrow the spread with 100

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