
URGENT: This Could Trigger A Full-Blown Global Liquidity Crisis
Eurodollar University
00:00
Emerging Threats in Wholesale Markets and Collateral Turmoil
This chapter explores the breakdown of wholesale markets, focusing on the repo market and the concerns raised by basis traders regarding rising credit spreads and deteriorating collateral quality. It highlights the implications of increased high-yield bond spreads and how reduced liquidity is creating deflationary pressures that impact multiple asset classes.
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