Jeffrey Snider’s Follow The Money Series: Money Market Turmoil
On Monday, September 16, funding markets came under significant pressure. In repo, the GC rate (UST) jumped to 2.876% from 2.288% the Friday before. Repo rates and other money rates like federal funds had been elevated already but this 60-basis point move was highly unusual.
Our Special Report on the Money Market Turmoil will help you make sense of this short-term funding phenomenon and all its implications, and will counsel you on how to navigate your portfolio through these turbulent times.
Click here to download “Follow The Money: Money Market Turmoil” (Sign-Up Required).