Bank Failures Rattle Market for Short-Term Lending

  • 📰 WSJ
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Bank collapses in March rattled the short-term lending that underpins the financial system, known on Wall Street as funding markets. Traces of the shake-up remain.

rattled the short-term lending that underpins the financial system, known on Wall Street as funding markets. Traces of the shake-up remain.

At the first signs of banking tumult, funding-market activity fell to its quietest since the Covid-19 pandemic erupted. On two days in mid-March, less than $2 billion of commercial paper with maturities longer than 80 days was issued, according to Federal Reserve data on the short-term IOUs issued by companies to fund their operations. That is well below typical levels for the unsecured debt averaging around $8 billion of issuance a day.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

the new world order of the financial system has Mr. Dimon announces on CNN - Failure is okay - banks go bust, okay Hedge Fonds broke, okay the failure bring the profit?

Office Vacant Space will not be a shakeup. It will be a Earthquake. Are Banks reserving enough or do I have to pay for it.

🫤🫤

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Dow closes higher as big tech rallies; Bank earnings eyed By Investing.com*DOW CLOSES HIGHER AS BIG TECH RALLIES; BANK EARNINGS EYED $DIA $SPY $QQQ 🇺🇸🇺🇸 Thought bank earnings will be bad BullMarket bank will collapse more deep
Source: Investingcom - 🏆 450. / 53 Read more »

Stock market news: Investors sift through bank earningsUS stocks edge lower as investors sift through the first wave of big bank earnings
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock market news today: Retail sales weigh on solid bank earningsUS stocks fall as investors weigh strong bank earnings against weak retail sales data
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stock Market Crash: Bank of America Warns 'Plenty' of Downside AheadBank of America's top global strategist warns there's 'plenty of room for more S&P 500 downside' as 80% of recessions since 1933 have torpedoed stocks by 20% after they started This will be the most predicted recession in the history of capitalism. So call me skeptical
Source: BusinessInsider - 🏆 729. / 51 Read more »

BTC, ETH Tap Near-Yearly Highs as Market Cap Eyes $1.3T (Market Watch)ETH, DOGE, and ADA are the top performers from the larger-cap alts.
Source: Crypto_Potato - 🏆 568. / 51 Read more »