Eurodollar University

We Need To Discuss The New Repo Market Data ASAP

Oct 22, 2023
The podcast discusses the current state of the repo market and the unusual decrease in the use of UST collateral. It emphasizes the role of collateral in the monetary system and the persistent issue of safe asset shortages. The consequences of accepting lower quality collateral and the increase in agency MBS usage in the repo market are also explored.
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1
Introduction
00:00 • 2min
2
The Importance of Collateral and Safe Asset Shortages in the Monetary System
02:02 • 3min
3
The Consequences of Accepting Lower Quality Collateral in the Repo Market
04:35 • 5min
4
Analysis of Recent Bill Auctions and Collateral in the Repo Market
09:54 • 2min
5
The Resurgence of Agency MBS in the Repo Market
11:36 • 10min