WSJ: ‘Direct’ Repo Loans Gaining Traction as Banks Step Back

Money-market funds are increasingly entering into repurchase loans directly with large investors and insurers, the latest sign that participants in short-term lending markets are sidestepping “repo” deals involving big banks.
The full article is available at http://www.wsj.com/articles/direct-repo-loans-gaining-traction-as-banks-step-back-1469037601

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