Collateral Is Why Banks are Afraid of the Repo Market

In the last couple of weeks, we’ve been closely following the repocalypse. The hidden but vital bourse in the U.S. financial system known as the repo market suddenly experienced a jump in interest rates on Sept. 17. Consequently, the Federal Reserve had to step in to keep overnight loan rates at acceptable levels. The Fed […]

The post Collateral Is Why Banks are Afraid of the Repo Market appeared first on CCN.com

Source: https://www.ccn.com/collateral-why-banks-are-afraid-of-repo-market/

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