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Key Fed Backstop Unable to Contain Repo Turmoil, Barclays Says
Source: Buzz FX / 19 Nov 2024 15:51:10 America/New_York
(Bloomberg) -- Overnight funding markets may be on their own during the next bout of turbulence as a key Federal Reserve backstop is unable to support the entire space unless upgrades are made, according to Barclays Plc.
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