CryptoSlate: Logan suggests repo financing should be prioritized for Treasury market emergency support
According to CryptoSlate, Dallas Fed President Logan offered a personal proposal on November 13: if extreme intermediation failures occur in the Treasury market, priority should be given to providing support through Treasury-collateralized financing, while pushing for centralized clearing of Federal Reserve repo loans. If financing still fails to resolve the breakdown, debt purchases could be considered, with the related holdings accounted for separately and a commitment to sell them as soon as possible. She also noted that current Treasury market functioning is sound, and the aforementioned suggestions do not constitute a pre-announced intervention or a new plan adopted by the Federal Open Market Committee.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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