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repo market podcast (1)

The Repo Market, Explained

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The repo market is receiving a lot of attention in the media lately, mostly due to a staggering rise in the overnight repo rate. Repo is short for repurchase, and the repo market is an area dominated by several large banks and entities entering into short term loan agreements. What does that really mean? Jason McBride and Taylor Leary explain in this week’s podcast.

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