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NQ BANK - Seems the ISSUE of Money Markets is...
B
NASDAQ Bank
Short
NQ BANK - Seems the ISSUE of Money Markets is...
By HK_L61
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Updated
Sep 20, 2021
6
Cheer
Cheer
Sep 20, 2021
Indeed becoming and issue as the Federal Reserve's Backstop is
tettering on the Brink of trading below PAR.
We'll need to see Yeilds RISE in order to stem the increasing stresses
mounting within the Banking System.
Given the ST Louis FED has discontinued it's reporting of:
National Rate on Jumbo Deposits (greater or equal to $100,000): Money Market (DISCONTINUED)
National Rate on Non-Jumbo Deposits (less than $100,000): Money Market (DISCONTINUED)
Rate Cap on Jumbo Deposits (greater or equal to $100,000): Money Market (DISCONTINUED)
Rate Cap on Non-Jumbo Deposits (less than $100,000): Money Market (DISCONTINUED)
What would could possibly go oh so very wrong.
Sep 20, 2021
Comment
The message is quite clear - "We do NOT want your stinky Money"...
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