Share this postMoney Market Updatewww.concoda.comCopy linkFacebookEmailNoteOtherDiscover more from Concoda global macro and market mechanicsOver 30,000 subscribersSubscribeContinue readingSign in Money Market BriefsMoney Market Updateas the debt limit deal looms, SOFR overtakes RRP, meaning markets are dictating repo rates, and we'll likely see more RRP drain, as MMFs fund leveraged investors and invest in superior yielding billsConcodaMay 29, 202353Share this postMoney Market Updatewww.concoda.comCopy linkFacebookEmailNoteOtherShareSubscribeSharenote: a practical but incomplete view of liquidity