Last week there was an interesting post in the New York Fed’s Liberty Street Economics blog. Entitled “What’s Your WAM? Taking Stock of Dealers’ Funding Durability” by Adam Copeland, Isaac…Read More
What will be the fate of risk assets if they are excluded from repo CCPs and tri-party fire sale solutions?
The FSB has advocated for central clearing for Repo, but only for widely traded securities. The Fed has taking a similar approach on tri-party fire sale solutions – focus on…Read More