To: Yosemitest
10 percent overnight? Wow.
2 posted on
09/20/2019 11:40:01 PM PDT by
dp0622
(Bad, bad company Till the day I die.)
To: dp0622
“10 percent overnight? Wow.”
That’s 10% annualized. Overnight they got 1/365th of 10% thanks to a short term situation.
Not so Wow.
29 posted on
09/21/2019 8:21:48 AM PDT by
jdsteel
(Americans are Dreamers too!!!)
To: dp0622; Yosemitest; qaz123
The jump in overnight rates was an extremely brief spike that coincided with a tax payment deadline for large corporations, and a holiday in Japan which meant that normal borrowing there wasn’t available so it went here.
This article is making a big deal out of nothing.
35 posted on
09/21/2019 11:41:33 AM PDT by
Pelham
(Secure Voter ID. Mexico has it, because unlike us they take voting seriously)
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