Fed repo injects $105 billion into market, continuing injection streak

``The New York Fed continued its streak of market repurchase agreements, or repos, Tuesday, selling $75 billion of overnight repos and $30 billion of repos expiring in 14 days. Banks bid for $80.2 billion in overnight repos and $62 billion in 14-day repos, signaling strong demand in the government-backed investments. Last week marked the first time in a decade the bank had taken such steps to relieve pressure on money markets. The bank offered a total of $278 billion in repos from Tuesday through Friday.''