The repo market has been grabbing the headlines lately. That’s because this little-known but vital aspect of the U.S. financial system is under duress. The situation has forced the U.S. Federal Reserve to step in for the first time since the global financial crisis of 2008. Many had hoped that the intervention of the Fed […]
The post Surging Repo Market Rates May Signal Another 2008 Economic Meltdown appeared first on CCN.com
source https://www.ccn.com/surging-repo-market-rates-2008-meltdown/
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