KM Financial Solutions | RPT-U.S. banks’ reluctance to lend cash may have caused repo shock – BIS
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RPT-U.S. banks’ reluctance to lend cash may have caused repo shock – BIS

RPT-U.S. banks’ reluctance to lend cash may have caused repo shock – BIS

The unwillingness of the top four
U.S. banks to lend cash combined with a burst of demand from
hedge funds for secured funding could explain a recent spike in
U.S. money market rates, the Bank for International Settlements
said.

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