Replying to Avatar Crizzo

What about the debt ceiling sucking liquidity once it gets raised? Lyn talked about the Treasury needing to refill it's $500B Fed account, plus Treasury sales will resume.
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less 2y ago

That’s definitely worth considering.

But remember that there is also $2.2T of ready liquidity sitting in the overnight reverse repo market… which could go a long way to offset a rising TGA balance.

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Crizzo 2y ago

That's a lot! Ty for the response.

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josh 2y ago

That’s the big banks money though isn’t it? Can the fed tap into that?