While there are signs of stress in money markets, they aren’t making their way to Federal Reserve liquidity tools. Daily inflows into the central bank’s reverse repo facility, which takes in cash from eligible firms, continue to hang right around the $1.5 trillion mark, consistent with activity over recent weeks. Also, there were no takers once again on Tuesday at the Fed’s Standing Repo Facility, for a tool that offers fast liquidity to eligible financial firms.

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