Liquidity Squeeze Drives Up Interest Rates

Traders have noted that the sustained liquidity strain in the money market has pushed short-term benchmark interest rates upward. This trend, however, could potentially have a positive impact on mutual funds. Low inflows from maturing instruments have negatively affected rate movement. However, the market anticipates that inflows from OMO bills and FGN coupon payments will … Continue reading Liquidity Squeeze Drives Up Interest Rates