The tweet was deleted by the author.
But we saved everything 🙂.
Preston Pysh, a financial commentator, highlights the increasing liquidity stress in the Secured Overnight Financing Rate (SOFR) and Interest on Reserves (IOR) not seen since the COVID-19 pandemic.
The tweet references a chart from ZeroHedge, indicating significant turmoil in financial markets. These developments have sparked concerns among investors and policymakers regarding the stability of short-term funding mechanisms. Observers are keenly monitoring market conditions as these stresses could indicate broader systemic issues.