- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
Earn- More
Wall Street Giants Sound the Alarm: Currency Market Stress Could Trigger Another Crisis, Fed May Be Forced to Intervene
BlockBeats News, November 7th, According to the Financial Times, several Wall Street banks have warned that pressure in the U.S. money market could once again spike, prompting the Federal Reserve to take swifter action to curb a new round of short-term rate increases. Short-term funding rates stabilized this week after signs of stress in key parts of the financial system emerged last month, causing concern among some bankers and policymakers.
However, market participants are still worried about the risk of overnight repo rate spikes in the coming weeks. "I don't think this is just a one-off anomaly that lasts a few days," said Deirdre Dunn, Head of Rates at Citibank on Wall Street and Chair of the Treasury Borrowing Advisory Committee.
Scott Skyrm, Executive Vice President at repo market specialist firm Curvature Securities, added that although the market has "returned to normal," in part because banks have used the Fed's funding facilities to relieve pressure in the money markets, "funding pressures will resurface at month-end and year-end at the very least."
U.S. Bank Rate Strategist Meghan Swiber said, "With such an aggressive level of Treasury issuance, historically high by most measures, and the potential to saturate traditional investor demand for Treasuries, we believe a long-absent buyer is likely to need to step up: the Federal Reserve."
You may also like
Crypto’s Next Challenge: Privacy and the Chicken-Egg Dilemma
Key Takeaways Privacy is becoming a central issue as cryptocurrencies move into traditional banking and state-backed systems. Regulatory…
Scaramucci Criticizes Stablecoin Yield Ban’s Impact on U.S. Dollar
Key Takeaways The CLARITY Act’s prohibition on stablecoin yields potentially weakens the U.S. dollar’s competitiveness against the digital…
CLARITY Act Stalls: Why Has the Interest-Bearing Stablecoin Become a Bank’s “Thorn in the Side”?
Key Takeaways The debate surrounding the CLARITY Act is primarily focused on interest-bearing stablecoins and their implications for…
South Korea considers changing the one-bank rule for crypto exchanges: An In-depth Review
Key Takeaways: South Korea is examining the current “one exchange–one bank” model amidst concerns of market concentration, potentially…
Trump Targets Fed Chair, Crypto Challenges, and MiCA Regulations
Key Takeaways President Trump has initiated criminal charges against the current Federal Reserve Chairman, alleging financial mismanagement in…
India Central Bank Suggests BRICS CBDC Link-Up As Members Explore Alternatives to Dollar Rails
Key Takeaways India’s central bank proposes a CBDC connectivity initiative for the upcoming 2026 BRICS summit. This move…
Anchorage Digital Prepares for IPO with Significant $400M Fundraise
Key Takeaways Anchorage Digital is actively seeking to raise $200 million to $400 million in new funding, with…
Trump Targets Fed and Italy’s Caution to Fin-Fluencers: A Comprehensive View
Key Takeaways: President Trump initiates a criminal probe against the Federal Reserve Chairman, questioning alleged resource mismanagement. Coinbase…
Trump Targets Fed, Italy Cautions Influencers: Global Financial Pulse
Key Takeaways: The United States is witnessing a political storm as former President Trump initiates criminal proceedings against…
China-led CBDC Project mBridge Surpasses $55 Billion in Cross-Border Payments
Key Takeaways The mBridge project has handled over $55 billion in cross-border payments, signaling a shift from traditional…
Scaramucci Remarks on Stablecoin Yield Ban’s Impact on US Dollar
Key Takeaways: The CLARITY Act’s prohibition on yield-bearing stablecoins decreases the competitive edge of the US dollar against…
Yen Weakness Nears Inflation Red Line: Bank of Japan May Be Forced to Hike Early
Matrixdock releases latest semi-annual physical gold audit report, strengthening physical gold transparency practices
Key Market Information Discrepancy on January 15th - A Must-See! | Alpha Morning Report
Today’s Trump Tariff Decision and Economic Data Releases
Key Takeaways The U.S. Supreme Court is set to rule on a significant Trump tariff case that could…
traders anticipate Fed May Accelerate Rate Cuts
Key Takeaways Traders are speculating that the Federal Reserve could implement an interest rate cut before May due…
Fed Interest Rate Cuts Expected to Be Delayed, Say Multiple Financial Institutions
Key Takeaways Several major financial institutions have adjusted their forecasts, predicting delays in the timing of Federal Reserve…
Most US debanking cases stem from government pressure, says report
Key Takeaways A report from the Cato Institute indicates that most debanking incidents in the US originate from…
Crypto’s Next Challenge: Privacy and the Chicken-Egg Dilemma
Key Takeaways Privacy is becoming a central issue as cryptocurrencies move into traditional banking and state-backed systems. Regulatory…
Scaramucci Criticizes Stablecoin Yield Ban’s Impact on U.S. Dollar
Key Takeaways The CLARITY Act’s prohibition on stablecoin yields potentially weakens the U.S. dollar’s competitiveness against the digital…
CLARITY Act Stalls: Why Has the Interest-Bearing Stablecoin Become a Bank’s “Thorn in the Side”?
Key Takeaways The debate surrounding the CLARITY Act is primarily focused on interest-bearing stablecoins and their implications for…
South Korea considers changing the one-bank rule for crypto exchanges: An In-depth Review
Key Takeaways: South Korea is examining the current “one exchange–one bank” model amidst concerns of market concentration, potentially…
Trump Targets Fed Chair, Crypto Challenges, and MiCA Regulations
Key Takeaways President Trump has initiated criminal charges against the current Federal Reserve Chairman, alleging financial mismanagement in…
India Central Bank Suggests BRICS CBDC Link-Up As Members Explore Alternatives to Dollar Rails
Key Takeaways India’s central bank proposes a CBDC connectivity initiative for the upcoming 2026 BRICS summit. This move…
App