Pat Doyle Archive

TAF Results

(from Patrick Doyle) Below is a table of the results of the last 3 TAF auctions Of note is the spread to OIS (FF’s) which is inside the historic LIBOR / OIS spread. There were less participants in this round as well This all bodes well and is showing the easing of ...Read More

Re: FF vs. LIBOR

(an interoffice email) On Jan 14, 2008 10:29 AM, Warren Mosler wrote: > thanks, continued tafs will get it to wherever the fed actually wants > it. it’s a policy rate they can administer at will. > > > > > > > On Jan 14, 2008 10:16 AM, Pat Doyle wrote: ...Read More

Re: US Libor GC Spreads comment

(an interoffice email) Good report, thanks! On Jan 4, 2008 10:41 AM, Pat Doyle wrote: > > > > Pre- August 2007 GC US Treasury’s repo averaged Libor less 17 across the > curve. In early August and again in early December the spread between GC > and Libor hit it’s wides ...Read More