[Strategists Predict the Federal Reserve May Inject Additional Liquidity Before December Meeting] Wall Street strategists warn that recent market funding pressures have intensified, with active trading in SOFR futures and the spread between the federal funds rate, while repo market rates remain elevated. Mark Cabana, Head of U.S. Rates Strategy at Bank of America, stated that the decline in reserves and increased issuance of Treasury bills will continue through November, potentially forcing the Federal Reserve to inject additional liquidity before the December meeting. Cabana noted in his report that the Fed may view current funding pressures as temporary, but as quantitative tightening persists, funding pressures could continue and worsen.