Repo Market Chaos Signals Fed May Be Losing Control of Rates
Monitors display stock market information as a pedestrian is reflected in a window at the Nasdaq MarketSite in the Times Square area of New York, U.S. (Photographer: Michael Nagle/Bloomberg)

Repo Market Chaos Signals Fed May Be Losing Control of Rates

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(Bloomberg) -- One of the key U.S. borrowing markets saw a massive surge Monday, a sign the Federal Reserve is having trouble controlling short-term interest rates.
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