Cycles Against Trends (guest: Alfonso Peccatiello)
The Market Huddle
00:00
The Dynamics of a Reverse Repo
The reverse repo facility has grown to be over $2 trillion. Money market funds don't really have TVLs to invest in, they have been starved effectively from good yielding TVLs for a while. The moment that the government has to start issuing this 500, 600 billion TVLs, people only look at the supply side of the story,. But money market funds out there are actually starving for TVLs.
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Transcript
