Investors are on alert for a potential end-of-year increase in US overnight lending rates, with some calling for the Federal Reserve to slow the pace at which it shrinks its balance sheet to avoid the kind of liquidity crunch that hit funding markets five years ago.
Analysts and executives at several banks and asset managers told the Financial Times they were monitoring strains in short-term funding rates after an unexpected jump at the end of the third quarter.
The repo or repurchase market plays a critical role as a benchmark for broader US lending rates by setting a rate for investors to borrow cash overnight, in exchange for high-quality collateral such as US Treasuries.
您已閱讀14%（682字），剩餘86%（4358字）包含更多重要資訊，訂閱以繼續探索完整內容，並享受更多專屬服務。