Collateral Is Why Banks are Afraid of the Repo Market

2019-10-1 17:01

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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