US funding markets, long flush with cheap cash, are entering a phase of higher borrowing costs, worrying investors and policymakers https://t.co/hwhPqkMr0p ...

Funding Market Pressure - US Treasury bill issuance surge in August is expected to decrease this month, which should alleviate funding market pressures [1] Bank Reserves - Goldman Sachs predicts a gradual decline in bank reserves to below $3 trillion by the end of the quarter [1]