NY Fed Doubles-Down on Repo Intervention as Bank Cash Crisis Rattles Markets

The New York branch of the U.S. Federal Reserve will step in and offer billions more in liquidity to gummed-up intrabank lending markets Wednesday, following the first intervention in more than a decade only yesterday, as a worrying spike in overnight borrowing costs continues to perplex investors and complicate today’s Fed rate decision.

HTS progress announcement – 20T magnet

The last 12 months have seen very rapid developments in magnet technology at Tokamak Energy. Senior HTS Magnet Engineer Greg Brittles describes the team’s achievements in developing a very neat, modular coil design that makes for extremely robust, easy to assemble, and ultra-stable high temperature superconducting (HTS) magnets. Greg shows a REBCO magnet that has produced a field strength well in excess of 20-Tesla, which we believe to be a world first. This crucial milestone for Tokamak Energy proves the possibility of high temperature superconductors to deliver the fierce magnetic fields …