Repo Market Disruptions: In Reverse
By EsqSocial Corporation 02/06/21
It was previously reported that there were significant repurchase agreement (repo) disruptions with consequent disruptions in the Secured Overnight Financing Rate (SOFR). Explained - During the market turmoil precipitated by the pandemic, there was a natural infusion of liquidity by the Federal Reserve through the repo market. These liquidity infusions also took place to deal with impact of the Great Recession....
By: Arent Fox