2019-9-27 19:24 |
Last week, the US repo market experienced something akin to a bank run. The median repo repurchase rate of the US Treasuries skyrocketed from 2. 00-2. 25% to 2. 46% on Monday, and a whopping 5. 25% on Tuesday.
5. 25% may not seem as powerful as the tone suggests, but within a trillion-dollar industry like repo, it gains significant […]. origin »
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