NY Fed RRP op demand at USD 0.797bln (prev. 0.582bln) across 5 counterparties (prev. 9)

The NY Fed's Reverse Repo Program (RRP) demand rose significantly to nearly $800 million, up from the previous $582 million, despite a decrease in the number of counterparties involved.

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NY Fed RRP op demand at USD 0.797bln (prev. 0.582bln) across 5 counterparties (prev. 9)

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This increase in demand may indicate a heightened preference for liquidity and safe assets by market participants, impacting short-term rates and potentially signaling shifts in broader market sentiment.

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