US repo market flirts with negative rates as Fed seeks to absorb excess cash - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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US repo market flirts with negative rates as Fed seeks to absorb excess cash

As short-term rates continued to approach negative levels, expectations are growing that the Fed may soon lift the rate it charges for the loans to nonbanks at its reverse repo window, currently at 0%, as well as the interest it pays banks for excess reserves (IOER), which is 0.10%.

from Stocks-Markets-Economic Times
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