Eurodollar University HOLY SH*T: SURGE in Repo Fails + Swap Spreads Plunging
Nov 12, 2024
Repo fails surged over 50%, raising flags about the financial market's stability. Meanwhile, swap spreads have hit record lows, potentially signaling trouble ahead for the economy. The discussion dives into the intricate dance of dealer behavior and the implications of rising risk aversion. The podcast also revisits the 2019 repo crisis, unpacking liquidity issues and market dynamics. With labor data now showing cracks, understanding these financial indicators has never been more critical.
Chapters
Transcript
Episode notes