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Banks are finally signing up for a U.S. Federal Reserve funding backstop that has been lying nearly dormant for more than two years, putting them in a stronger position to deal with any stress. The Standing Repo Facility allows banks to borrow emergency overnight cash from the Fed through a repurchase agreement, or repo, using Treasury and agency mortgage securities as collateral. Firms that act as the New York Fed's trading counterparties, called primary dealers, have access, but other banks have to apply for it.

A hawkish Federal Reserve is narrowing the window on trades that some U.S. regional banks have been hoping to use to reduce their commercial real estate exposure, investors, analysts and lawyers...

A hawkish Federal Reserve is narrowing the window on trades that some U.S. regional banks have been hoping to use to reduce their commercial real estate exposure, investors, analysts and lawyers said. Banks, particularly small regional and community banks, have looked to trim their outsized exposure to CRE on rising default risks after a post-pandemic social behavior change led to an increase in office vacancies and sharp drop in property valuations. Since the bank collapses last March, some regional lenders have sold billions of dollars of loans to private investors to reduce risk and shore...

Illinois farmer Dan Henebry regrets not selling more of his corn crop last summer, when the Midwest needed rain and prices were high. Farmers across the United States are kicking themselves for putting off corn sales after fields dried up in May and June, fueling expectations for higher prices and smaller harvests. The size and speed of the price collapse stung farmers and left their storage bins stuffed with record amounts of corn.

For nearly a year, U.S. natural gas producers have slammed the brakes on production as prices fall. But relentless output gains including from oil companies that pump gas as an oil byproduct...