Run For Cover! Banks Park Near Record Amount With Fed As Global Inflation Soars, Overnight Reverse Repo Operations Above $2 Trillion (Gasoline Prices Rise To Highest In History) – Confounded Interest – Anthony B. Sanders

Run for cover!

Markets opened after a long (and expensive) Memorial Day weekend, with the 10-year Treasury yield up 8.1 basis points (to

Meanwhile, banks continue to park funds at The Federal Reserve in the form of reverse repos as global inflation soars.

And then we have US gasoline prices rising to the highest in history.

Its like banks know something that the rest of us don’t. Although we do know about the highest gasoline prices in history.