Do You Think It's a Covet?

The repo market, which is the market for treasury bace stop working. According to my research, i'm almost certain this is true. It stopped working because the banks suddenly realized that clearing houses were lending loads of loads of money to hedge funds on the other side. And what had been shown was when these traders blow upa it's the other members of the clearing house tat lose money and that was the banks. Since theyare like, we're going to step away from this cause, ah, they're mispriced, and we don't like hous pricing. We're going to pull back.

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