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Day: December 12, 2019

The Second Repo Crisis Just Days Away – And This Time It Will Be Worse

September 16th marked the beginning of the recent repo crisis. If you are unfamiliar with the repo market, I highly suggest watching this video before you read this post. Since then, the Fed has been in emergency mode, effectively “bailing out” the overnight cash repo markets continuously. These efforts were supposed to allow banks some […]

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