The Fed’s quantitative tightening programme had returned more government debt to private markets, depleting bank reserves.
Standing Repo (SRP) counterparties are expected to transact in at least two SRP operations every six months, and encouraged to transact in all relevant security types, to ensure robust end-to-end ...
The U.S. repo market has come under the spotlight in the past couple of days as surging short-term interest rates are causing some stress for overnight funding on Wall Street, reminiscent of the 2019 ...
The SEC has proposed a rule to force bond trades through a clearinghouse to protect investors from market dysfunction. A clearinghouse would introduce safer practices such as risk-sensitive margin ...
As markets focus on inflation and the debt ceiling, the Federal Reserve Bank of New York has become more active in lending specific securities known as specials. The connection between the Treasury ...
Often overlooked and taken for granted, the repo market is crucial to the flow of cash and collateral through all other financial markets, so talk of a coming meltdown is troubling. The row also ...
Germany's finance agency has stepped up its participation in the repo market in recent days to alleviate a shortage of debt used as collateral that sharply raised the cost of borrowing the country's ...
Spikes in a key short-term interest rate are raising eyebrows in the arcane but vital overnight funding market, drawing unsettling comparisons with turmoil that rocked the space more than four years ...