The U.S. repo market has come under the spotlight in the past couple of days as surging short-term interest rates are causing some stress for overnight funding on Wall Street, reminiscent of the 2019 ...

It's been three years since the turmoil in the market for repurchase agreements froze the funding universe and forced a Federal Reserve intervention. Yet risks still linger as another test approaches.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. At the end of September there was a big spike in the Secured Overnight Financing Rate. This may already be ...

Spikes in a key short-term interest rate are raising eyebrows in the arcane but vital overnight funding market, drawing unsettling comparisons with turmoil that rocked the space more than four years ...

Repo operations at the Fed on the last day of 2025 signal growing stress in the financial system, similar to the setup we saw ...

The repo market madness lives on for a ninth day. The Federal Reserve Bank of New York announced Wednesday that it would increase the size of its next overnight system repurchase agreement operation ...

The New York Federal Reserve is well into its second week of offering market repurchase agreements. Known as repos, the operations are designed to soothe money markets and bring interest rates within ...

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. Every afternoon banks settle their accounts with each other and then figure out how ...

The repo market has nothing to do with cars or other purchases getting repossessed, but it is a crucial part of the financial system. And most of the public doesn’t really know much about it.

Back in September I passed along the news that there had been a peculiar spike in the overnight repo rate, the interest rate that banks charge each other for overnight loans of cash. On September 16, ...