U.S. Fed’s reverse repo volume surges to record half a trillion dollars

U.S. Fed’s reverse repo volume surges to record half a trillion dollars
U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. REUTERS/Lee Jae-WonThe Federal Reserve's reverse repurchase window on Wednesday took in $503 billion in cash, hitting a record peak for a third consecutive session, as financial institutions flush with liquidity flocked to the Fed facility to park their… Read More

TREASURIES-Yields reverse rise going into quarter-end

TREASURIES-Yields reverse rise going into quarter-end
(New throughout) By Kate Duguid NEW YORK, March 30 (Reuters) - U.S. Treasury yields dipped in Tuesday afternoon trade, reversing an overnight rise in the benchmark yield to a 14-month high, as traders prepared for quarter-end and ahead of President Joe Biden's infrastructure spending announcement. The 10-year yield rose to 1.776% in early London trade,… Read More