NY Fed RRP op demand at USD 0.306bln (prev. 0.227bln) across 13 counterparties (prev. 4)

The increase in NY Fed reverse repo operation demand to $0.306 billion from the previous $0.227 billion, coupled with a rise in participation to 13 counterparties indicates growing liquidity preference among market participants. This uptick could suggest cautious sentiment around funding conditions and potential implications for short-term rates and overall market liquidity going forward.