Federal Reserve will conduct an $8.3 billion liquidity operation on Tuesday, February 10. The move is part of a broader $53.5–$55 billion plan to stabilize short-term money markets.
The operation will involve buying U.S. Treasury bills to ease funding pressures as overnight repo rates tighten and bank reserves thin. A follow-up injection of about $6.9 billion is planned for Thursday, February 12.
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