What Happened in Money Markets in September 2019?

Posted: 13 Aug 2020

See all articles by Sriya Anbil

Sriya Anbil

Board of Governors of the Federal Reserve System

Alyssa G. Anderson

Board of Governors of the Federal Reserve System

Zeynep Senyuz

Board of Governors of the Federal Reserve System

Date Written: February 27, 2020

Abstract

In mid-September 2019, overnight money market rates spiked and exhibited significant volatility, amid a large drop in reserves due to the corporate tax date and increases in net Treasury issuance.

Suggested Citation

Anbil, Sriya and Anderson, Alyssa G. and Senyuz, Zeynep, What Happened in Money Markets in September 2019? (February 27, 2020). FEDS Notes No. 2020-02-27 https://doi.org/10.17016/2380-7172.2527, Available at SSRN: https://ssrn.com/abstract=3672609

Sriya Anbil (Contact Author)

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

Alyssa G. Anderson

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

Zeynep Senyuz

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

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