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Banks have been borrowing an average of $117 billion per night over the last week from the Fed, a record high. The inverted yield curve is now starting to cause some real problems.
Banks have been borrowing an average of $117 billion per night over the last week from the Fed, a record high. The inverted yield curve is now starting to cause some real problems.
banks had to meet a 1 trillion dollar withdrawal of funds from smaller banks all over the country .
they needed to pay off depositors
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