Liquidity Watch: October 3, 2024

Published on: October 3rd, 2024

Andreas Steno Larsen breaks down the significant spike in SOFR-EFFR spreads over the past 48 hours, which feels a lot like September 2019 on a smaller scale, and why the Federal Reserve may be facing a liquidity problem that it’s tempted to address. Written on October 3, 2024

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