Repo Rout Didn’t Have to Happen. Powell Is Trying to Avoid Rerun
Jerome Powell, chairman of the U.S. Federal Reserve, exits after speaking during the NABE annual meeting in Denver, Colorado, U.S. (Photographer: Daniel Brenner/Bloomberg)

Repo Rout Didn’t Have to Happen. Powell Is Trying to Avoid Rerun

(Bloomberg) -- Before the U.S. repo market went haywire in mid-September, there were persistent signals for about a year that something was off.
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