Bazooka Backfires: Stocks Tumble, FRA/OIS Soars After Fed’s Massive Repo Operation Fails To Fix Liquidity Crisis | Zero Hedge

KW: Oops this was not supposed to happen. Does anyone know whats going on here, have you not all read the script?

 

Maybe the Fed’s repo bazooka was just a water pistol?

Source: Bazooka Backfires: Stocks Tumble, FRA/OIS Soars After Fed’s Massive Repo Operation Fails To Fix Liquidity Crisis | Zero Hedge