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Open original source ↗As Zerohedge notes, this swap spread is suggesting serious liquidity issues in the US banking system. This crisis is calling out for some kind of Mar-a-Lago Accord on free trade, in tandem with serious support from the Fed? No more time to waste.
https://t.co/zyN7cXwizL
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3Y SOFR in Free Fall, plummeting to all time low as funding squeeze emerges. Presumably the @federalreserve is on top of this https://t.co/OCKURkUzkg
zerohedge ↗