No Data
B. Riley Wealth Advisors Inc. Buys Shares of 10,121 Innovator Growth Accelerated Plus ETF – April (BATS:QTAP)
Innovator Growth Accelerated Plus ETF – April (BATS:QTAP) Stock Price Down 1.5%
Innovator Growth Accelerated Plus ETF – April (BATS:QTAP) Trading Down 0.5%
Innovator Growth Accelerated Plus ETF – April (BATS:QTAP) Shares Down 0.5%
Innovator Growth Accelerated Plus ETF – April (BATS:QTAP) Shares Up 1.2%
The Fed's overnight reverse repurchase demand reached another record high
The use of the Fed's overnight reverse repurchase agreement tool soared to a record high on Monday. The total usage amount of the 68 participants reached 765.1 billion US dollars, surpassing the 747.1 billion US dollars last Friday, and also higher than the historical record of 755.8 billion US dollars set on June 17. Overnight reverse repurchase agreements pay an interest rate of 0.05%, which helps temporarily reduce reserve balances in the banking system. Barclays said earlier that market demand for the Fed's reverse repurchase agreement may reach 750 billion to 800 billion euros per day. By the end of this year, the Fed's reserve balance may be 4.6 trillion US dollars.