The banks reserves are at historical heigh,their lending capacity is far from being dented through this measure.
Reserve Balances with Federal Reserve Banks, Not Adjusted for Changes in Reserve Requirements
http://research.stlouisfed.org/fred2/series/RESBALNS
Inter bank loans and borrowings are scarce, a function of a risk factor assessment. Additional liquidity may assist their liabilities funding side but not the debtors solvency.
At some point of time the banking and financial sectors may have to consider selling assets (subsidiaries, participations etc), and to be a drag for their shareholders and bonds holders rather than being subsidized by savers and tax payers.
Central banks are through trials and errors trying to adjust the adequate level of required liquidities but cannot boost solvency or full employment
Inter bank loans and borrowings are scarce, a function of a risk
所有跟帖:
•
Eonia® (Euro OverNight Index Average) (图)
-marketreflections-
♂
(319 bytes)
()
10/28/2010 postreply
11:34:37