Sources say the Fed is in secretive talks with bond dealers to restart "reverse repurchase...

|By:, SA News Editor

Sources say the Fed is in secretive talks with bond dealers to restart "reverse repurchase agreements" in an effort to siphon some of the $1T-or-so it's pumped into the economy. Unused since last December, reverse repos take cash out of circulation when the Fed sells securities to its 18 primary dealers for a set duration.