We Need To Discuss The New Repo Market Data ASAP
#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #collateral #repo
Something big is going on under the surface in collateral. There's a global scramble underway, one that took an ugly turn this week. Here we examine some of the background changes which uncovers a puzzle. US$ repo markets haven't been using as much UST collateral as before which is beyond odd given how much more UST collateral should be available from insane issuance.
Eurodollar University's Money & Macro Analysis
Twitter: https://twitter.com/JeffSnider_AIP
https://www.eurodollar.university
RealClearMarkets Essays: https://bit.ly/38tL5a7
Create your
podcast in
minutes
It is Free