from Hacker News

U.S. Fed reverse repo volume hits record $1T

by grapehut on 7/30/21, 5:56 PM with 14 comments

  • by Ancalagon on 7/30/21, 6:23 PM

    I don't even comprehend numbers that large moving that quickly. Can anyone better at understanding economics explain what this means to me?
  • by altspace on 7/31/21, 3:32 PM

    This is to balance the impact of low interest rates on money market funds to avoid them from going into negative rate territory.