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S&P 500 Faces Rising Reversal Risk as Liquidity and Gamma Pressures Build

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Stocks rallied again on Wednesday with the S&P 500 rising about 70 basis points. The index fell sharply in the final 20 minutes of...
Business

Repo Tight Enough for the Fed to Build Bills

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Repo has tightened, the effective funds rate has risen, and the Fed has reacted with a promise to buy T-bills. So far, heavier bills...
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