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