Standing Repo Facility spiked to $75 billion for a day, then fell back; ON RRPs spiked to $106 billion, then fell back. The Fed’s weekly balance sheet released today was as of the close of business on Wednesday December 31, and it contained all the massive year-end liquidity shifts that will reverse within 1-3 days, and already reversed mostly today.In addition, the Fed added $38 billion in short-term Treasury bills, of which $15 billion replaced MBS that came off the balance sheet in December; and $23 bill ...