Mounting pressures in the repurchase agreements market could eventually pull the fed funds rate higher, according to Federal Reserve Bank of New York’s Roberto Perli.
"The number of vendors is shrinking, the market is concentrating and it's becoming more stratified that the top," Bloomberg Government analyst Paul Murphy said.
Investing.com - Oil prices settled sharply lower Thursday as Saudi Arabia reportedly will abandon its unofficial $100 price target as it looks set to proceed with an OPEC+ to boost output in December.