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FED infuse $53bn in a night: Borrowing rates skyrocketed on Tuesday in a corner of the markets the public rarely notices but that is critical to the functioning of the global financial system.

www.cnn.com

A crack just emerged in the financial markets: The NY Fed spends $53 billion to rescue the overnight lending market

Borrowing rates skyrocketed on Tuesday in a corner of the markets the public rarely notices but that is critical to the functioning of the global financial system.

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