Who Actually Triggered the Repo Market Blowup in Sep '19

2 years ago
46

For over two years now, I have assumed that it was a lack of cash and overabundance of collateral that caused the repo market to blow up in September of 2019. However, there were some other things going on at that time that coincided with the repo rate skyrocketing. And these things were happening in Europe with the ECB and particularly the risk with Deutsche Bank.

Article https://www.goldmoney.com/research/goldmoney-insights/a-euro-catastrophe-could-collapse-it

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