Fed Pumps $70.2 Billion In Short-term Liquidity Into Markets

The Federal Reserve Bank of New York added $70.2 billion in temporary liquidity to financial markets. Tuesday’s intervention came in two parts. One was via overnight repurchase agreements, or repos, that totaled $41.7 billion. The other came in a $28.5 billion 13-day repo. The Fed took all securities offered in both operations.

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