We've got more on the FT live coverage page incl this nugget "We are concerned that the size of this [Fed] repo operation may not be large enough to stabilise the cheapening in US Treasury securities and materially improve Treasury market liquidity."https://www.ft.com/content/a0863674-67db-3b99-aeb5-d8bd6439aa33 …
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Banks and companies who don't do a good job should be punished by the market, not bailed out by the Fed
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U mean other than the Fed no1 is buying. No bid in bond world means higher yields r coming
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