DVP repo total volume (preliminary) moves +320.13 $B to 3,161.60 $B on its latest print: 4.7 sigma against its own history
Seiche's funding composite is 46, classified STRAIN. It is 0.6 points lower on the day. Its internal plumbing-versus-price gap, called the Tell, is +32.
MyQuant translation desk
THE SPECIALIST SAYS
DVP repo total volume (preliminary) moves +320.13 $B to 3,161.60 $B on its latest print: 4.7 sigma against its own history
The composite reads 46, regime STRAIN. That is -0.6 on the day. The Tell reads +32. Every number below is checkable on the board.
IN PLAIN ENGLISH
Seiche's funding composite is 46, classified STRAIN. It is 0.6 points lower on the day. Its internal plumbing-versus-price gap, called the Tell, is +32.
This fallback stays inside the source summary; the mental model below explains the mechanism without adding a market claim.
Why this matters
evidence-backed desk finding
Picture it this way
Picture the market funding system as plumbing. Seiche watches pressure, buffers, and dates when several pipes may tighten together. A stress label describes that system; it does not predict a crash.
The catch
Published before the structured analytical-story contract.