3 Comments

One way to do All to All is to create separate mechanism and begin to move treasury activity into that program.

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Is there short-term data on Repo? I have no specific knowledge, yet I can only assume that the extreme levels of volatility in Treasuries - especially short-term, most especially intraday vol in 4/8-week bills since the SVB-debacle - does tremendous damage to repo-chains, as the increased vol needs to be mechanically countered by stronger haircuts, leading to degradation of funding.

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