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21:41
YouTubeEurodollar University
This Is How Financial Crises Actually Start (Repo Fails)
Repo fails, a measure of collateral flow throughout the entire financial system, soared to more than $300 billion as of the middle of December. It was the highest for any non-quarter end week going back to June 2023. At the same time, borrowing from the Fed’s repo facility is way up again as investors refuse to buy the spin from private ...
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