{"id":700,"date":"2019-09-30T20:11:32","date_gmt":"2019-09-30T20:11:32","guid":{"rendered":"https:\/\/jobbinghood.com\/finance\/2019\/09\/30\/u-s-repo-rate-spikes-at-quarter-end\/"},"modified":"2019-09-30T20:11:32","modified_gmt":"2019-09-30T20:11:32","slug":"u-s-repo-rate-spikes-at-quarter-end","status":"publish","type":"post","link":"https:\/\/jobbinghood.com\/magazine\/2019\/09\/30\/u-s-repo-rate-spikes-at-quarter-end\/","title":{"rendered":"U.S. repo rate spikes at quarter-end"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>NEW YORK (Reuters) &#8211; The interest rate on U.S. overnight repurchase agreements jumped on Monday as banks and Wall Street are scrambling to fund their loans and trades at the end of the third quarter and before the Federal Reserve\u2019s operation to offer cash into banking system.  <\/p>\n<p>In early U.S. trading, overnight repo rates were quoted at 2.50%-2.80%, compared with 1.90% late on Friday, according to ICAP.  <\/p>\n<div class=\"Attribution_container\">\n<div class=\"Attribution_attribution\">\n<p class=\"Attribution_content\">Reporting by Richard Leong; Editing by Alison Williams<\/p>\n<\/div>\n<\/div>\n<div class=\"StandardArticleBody_trustBadgeContainer\"><span class=\"StandardArticleBody_trustBadgeTitle\">Our Standards:<\/span><span class=\"trustBadgeUrl\"><a href=\"http:\/\/thomsonreuters.com\/en\/about-us\/trust-principles.html\" target=\"_blank\" rel=\"noopener\">The Thomson Reuters Trust Principles.<\/a><\/span><\/div>\n<\/div>\n<p>[ad_2]<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] NEW YORK (Reuters) &#8211; The interest rate on U.S. overnight repurchase agreements jumped on Monday as banks and Wall Street are scrambling to fund their loans and trades at the end of the third quarter and before the Federal Reserve\u2019s operation to offer cash into banking system. In early U.S. trading, overnight repo rates [&hellip;]<\/p>\n","protected":false},"author":348,"featured_media":558,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-700","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured"],"_links":{"self":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/700","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/users\/348"}],"replies":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/comments?post=700"}],"version-history":[{"count":0,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/700\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media\/558"}],"wp:attachment":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media?parent=700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/categories?post=700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/tags?post=700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}