you are viewing a single comment's thread.

view the rest of the comments →

[–]TheJamesRocket 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

I learned about the overnight repurchase agreements back in September 2019. I wasn't really concerned until I saw the huge spike in March 2020.

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Yeah I was watching that "live" too, I just didn't know if it was a widespread or very concentrated use of that facility, which changes everything. Turns out it was concentrated, which is of course worse.