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rcme
on Sept 13, 2023
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There are now two types of PayPal dollars, and one...
You wouldn’t need to wait 7 days. The price of a short-term treasuries is purely based off of the current interest rates. Given that expectations for rates are generally priced in over a 7 day period, there is very little risk.
RandomLensman
on Sept 13, 2023
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Even treasuries don't have infinite liquidity.
rcme
on Sept 13, 2023
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Just a cool 750B a day plus 4T is repo operations.
RandomLensman
on Sept 14, 2023
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I know! But I think being a forced seller would have implications (e.g., would repo lines even stay in place?).
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