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 ...
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 paper shows that banks with greater exposure to carbon-intensive borrowers already pay higher costs for short-term ...
Repo operations at the Fed on the last day of 2025 signal growing stress in the financial system, similar to the setup we saw ...
The study, published on January 7, investigates banks’ repo borrowing and the greenhouse emissions of the companies they lend ...
Quantitative tightening (QT) has been underway since June 2022, with the Fed shrinking its balance sheet in order to bring reserves and liquidity in the financial system back down to more normal ...