What s Behind the Huge Spike in Reserves, a Liability on the Fed s Balance Sheet? | Wolf Street

The deeply negative repo rates on 10-year Treasuries have raised concerns in certain corners of Wall Street that otherwise clamor for more QE that the Fed has pushed QE too far, and that some aspects of the markets are starting to malfunction.

via wolfstreet.com

It’s the end of the world. Nah, just kidding. But it’s weird.