Tag: Funding Markets
-
World’s Largest Central Banks Are Taking Emergency Action to Save US Dollar
Oh great news! The central banks have agreed to ramp up their “swap lines” so they can provide even more US dollars to global markets. And, to make it even more exciting, they’re going to increase the frequency of 7-day operations…to DAILY! Woohoo! Get ready for more liquidity backstops and easing of funding market strains.… read more
