Axios reports on data from Morning Consult: https://www.axios.com/2026/01/22/jobs-stock-market-rich-...
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RRP usage inches up to $12.605B with 10 counterparties this afternoon vs. Monday's $10.551B. Compares to December 12 low of $0.838B (lowest level since mid-March 2021); this years highest excess liquidity measure: $460.731B on June 30.

Markets close early (1315ET) Wednesday for New Years eve, re-open/electronic trade Thursday evening for Friday's order of business. Tomorrow's shortened session sees Weekly Jobless Claims (0830ET). Followed by US Treasury supply: 4W, 8W & 17W bills at 1130ET.