The Tell: Why demand for Fed’s repo facility is still surging, to $1.6 trillion into 2022

Demand for the Federal Reserve’s reverse repurchase program (RPP) climbs to about $1.58 trillion on Monday, signaling high use of the overnight facility into 2022.

Demand for the Federal Reserve’s reverse repurchase program (RPP) climbs to about $1.58 trillion on Monday, signaling high use of the overnight facility into 2022.