The Federal Reserve Bank of New York added $70.1 billion in temporary liquidity to financial markets on Wednesday. The intervention via overnight repurchase agreements, or repos. Eligible banks offered the Fed $54.9 billion in Treasurys and $15.2 billion in mortgage securities, and the Fed accepted all of it. The Fed also bought $7.5 billion...

Source: Wall Street Journal December 04, 2019 15:56 UTC