BIS: U.S. banks possibly behind repo shock

Japan News | Dec 9, 2019 at 6:23 PM
  • LONDON (Reuters) — The unwillingness of the top four U.S. banks to lend cash combined with a burst of demand from hedge funds for secured funding could explain a recent spike in U.S. money market rates, the Bank for International Settlements said.
  • Cash available to banks for short-term funding a…