A key short term lending market came under strain in September, raising concerns that the Federal Reserve's attempt to unwind post-financial crisis intervention may have gone too far. The FT's Joe Rennison explains what has been going on in the repo market.
Further reading:
How the Federal Reserve could fix the repo market:
https://www.ft.com/content/33674380-e4f4-11e9-9743-db5a370481bc)
Fed wrestles with role of regulation in repo squeeze:
https://www.ft.com/content/45a9c196-e231-11e9-9743-db5a370481bc)
New York Fed rejects Wall St criticism of response to repo turmoil:
https://www.ft.com/content/c267a2f4-dd3e-11e9-9743-db5a370481bc) Hosted on Acast. See acast.com/privacy) for more information.