<p>New York Fed: The upward pressure on repurchase market rates may be related to &#34;distribution frictions and other unique factors,&#34; rather than the overall reserve supply of the Federal Reserve.
It is expected that the friction issues in the repurchase market will be temporary</p>

<p>New York Fed: The upward pressure on repurchase market rates may be related to "distribution frictions and other unique factors," rather than the overall reserve supply of the Federal Reserve. It is expected that the friction issues in the repurchase market will be temporary</p>

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