Studio macroeconomico BTC, tassi d'interesse USA, RRAO

We are seeing a major reduction in Reverse Repurchase Agreement Operations in a situation where interest rates are stabilizing ( in a maximum position?). Interesting to note how the fed on the one hand raises interest rates (increasing the cost of debt). But at the same time it reduces the supply of government bonds, which might suggest the fed's implicit desire to divert liquidity in financial markets so as to maintain a balance. This still allows firms to find financing in the capital markets despite the high cost of debt



reference: www.newyorkfed.org/markets/rrp_faq