The Repo Market Explained: $12.6 Trillion of Plumbing
How the repo market works: $12.6T daily, SOFR, tri-party clearing, the Fed’s Standing Repo Facility, and the 2019 spike that changed everything.
secured overnight financing rate
How the repo market works: $12.6T daily, SOFR, tri-party clearing, the Fed’s Standing Repo Facility, and the 2019 spike that changed everything.