When REPO announced it would be receiving a bunch of new monsters in September, I naively thought they wouldn't be too scary. Most of REPO's existing critters are unsettling, especially the Upscream ...
Signs of stress have emerged in a key market that the financial system relies on every day. By Matt Phillips Investors take for granted that the Federal Reserve controls interest rates. Rarely do they ...
The repo market is often described as the “plumbing” of the financial system, especially when it starts to look clogged and in need of the kind of flushing that only the Federal Reserve can provide.