-
Posted by
Two Blokes Jul 25 -
Filed in
General
-
#TwoBlokesTrading
-
3 views
A $500 billion liquidity drain is imminent, with the Treasury General Account expected to rise to $850 billion by September, impacting market liquidity. Watch for early warning signs in overnight funding rates, especially SOFR, as the TGA refill will now drain bank reserves due to a depleted reverse repo facility.