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Repo Market

Posted: Sun Jan 12, 2020 10:09 am
by Tom Mazanec
https://dailyreckoning.com/108816-2/

For emphasis: The Federal Reserve has extended $6.23 trillion of loans in 29 days. That is equal to $215 billion per day.

If the business goes on at the present rate… the repo bailout will exceed $29 trillion by June.

That is, it will exceed the scale of the 2007–10 Wall Street bailout by June — if you can believe it.