Updates to reflect correct date for repo operations

The New York Fed increased the size of its repurchasing operations on Thursday in order to address the "highly unusual" disruptions in Treasurys markets. It said it would offer $500 billion in a three-month repo operation on both Thursday and Friday. It also said it would offer $500 billion in a one-month repo operation tomorrow. The New York Fed added it would conduct one-month and three-month operations for $500 billion every week for the remainder of the month. This is on top of at least $175 billion in daily overnight repo operations. As part of the repo operations, the Fed will temporarily lend out funds to broker-dealers in return for collateral such as Treasurys and mortgage-backed securities. The Fed's interventions comes as market participants have worried about the difficult of trading Treasurys in the last few days.