In this episode, podcast anchor Jim Bianco and his crew investigate last week’s key market activities. Why didn’t banks step into the market and arbitrage the temporary repo rate surge? They simply didn’t have the money. Post-2008 regulations had restricted banks’ ability to participate in the markets unless they had enough reserves. Additionally, there hadn’t been a lot of activities in the repo market, so the size of the market was not enough for banks to get fully involved, either…
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