EPISODE · Jan 9, 2024 · 20 MIN
Its Starting: The Repo Market Is Failing?!
from Eurodollar University · host Jeff Snider
EDU's Guide to What A Collateral Shortage Looks LikeLink Here: https://funnel.eurodollar.university/collateralWhile everyone was looking into year-end SOFR, real money stuff went haywire. Repo fails absolutely surged and swap spreads collapsed more than they had already. Dealers are hoarding Treasuries at the same time where banks are hitting up the Fed's BTFP. What do all of these and others mean, including the BTFP? Eurodollar University's Money & Macro AnalysisIOSCO/CPSS Securities Lending Reporthttps://www.bis.org/press/p990712.htmhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU
What this episode covers
EDU's Guide to What A Collateral Shortage Looks LikeLink Here: https://funnel.eurodollar.university/collateralWhile everyone was looking into year-end SOFR, real money stuff went haywire. Repo fails absolutely surged and swap spreads collapsed more than they had already. Dealers are hoarding Treasuries at the same time where banks are hitting up the Fed's BTFP. What do all of these and others mean, including the BTFP? Eurodollar University's Money & Macro AnalysisIOSCO/CPSS Securities Lending Reporthttps://www.bis.org/press/p990712.htmhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU
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Its Starting: The Repo Market Is Failing?!
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