Increased volatility has reduced repo activity and increased fails. Money market rates, however, remain stable. Meanwhile, the bear steepener hinders risk assets, as the coming QRA may provide relief
What is the significance of treasury & agency fails? The latter seems to have increased a lot this month.
Wouldn't it be better to start the rrp chart from 2021?
What is the significance of treasury & agency fails? The latter seems to have increased a lot this month.
Wouldn't it be better to start the rrp chart from 2021?