Repo Market Breaks Again, Forcing Fed To Scramble Emergency $500BN Repo Operation

Mar 16th 2020 1:00pm EDT

Repo Market Breaks Again, Forcing Fed To Scramble Emergency $500BN Repo Operation Earlier this morning we were quick to congratulate the Fed for seemingly stabilizing the repo market, as the utilization of the day’s first two repo ops – which also included one of the brand spanking new $500BN, 1 month ops – was tiny […]

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