$415 BILLION in Repo Fails!! The Global Banking Crisis Nobody's Talking About
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$415 BILLION in Repo Fails!! The Global Banking Crisis Nobody's Talking About
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Repo fails spiked to more than $415 billion. Treasury bill prices are jumping. Prices. US bank dealers are using their record government bond holdings at the same time foreigners are deploying huge amounts of their reserves of the same instruments. Treasuries bonds are all over the shadows and it has nothing do with interest rates or the Fed, except the Fed is providing a lot of the data. What does it all mean? The answer -a critical part of it - can be found in Nigeria.
Eurodollar University's Money & Macro Analysis
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