If you look at the trading desk logs, most recent operations have been reverse repos rather than repo operations. In other words, this week the Fed lent cash & borrowed treasuries to inject cash into the market, while in the recent past it's mostly borrowed cash & lent treasuries to remove cash from the market.

That's consistent with the recent shift from a tightening (rising rates) environment to a softening environment. I agree it's not particularly newsworthy.

https://apps.newyorkfed.org/markets/autorates/tomo-results-d...