“The U.S. repurchase, or repo, market where banks and investors borrow and lend Treasuries and other fixed-income securities shrunk to $4.6 trillion daily outstanding last month, down 35 percent from 2008. Financial institutions are responding to more stringent capital standards imposed by regulators around the world. Already, the group of dealers and investors that advise the U.S. Treasury say that they see declines in liquidity in times of market stress, including wider gaps between bid and offer prices and the speed of completing trades. The potential consequences are higher borrowing costs for governments, companies and consumers.”
Related posts:
Study: Wind blew deadly gas to U.S. troops in Gulf War
Belarus jails border guard over ‘teddy bear invasion’
Chinese woman pays for new BMW with mountain of one-yuan notes
Colorado Sheriff: 'Should Be Able To Fire Representatives Who Ignore Constituents'
A surprising map of the countries that are most and least welcoming to foreigners
Marine who urinated on dead Taliban fighters in 2011 receives reduced rank as punishment
'Every Person Is Afraid of the Drones': The Strikes' Effect on Life in Pakistan
GoldMoney Group adds Bitcoin to commodity vault
Record labels ask UK broadband providers to collect data on illegal downloads
78% of Americans live paycheck to paycheck
Indian in US? Your Account is Now Under Delhi Surveillance
British Somalis dread ban of ‘herbal high’ khat
Bitcoin convention brings out hope for digital currency's future
Maduro: Trump's 'imperialist hand' is behind Venezuelan revolution
2 Virginia Boys Suspended For Using Pencils As Guns