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A whole lot going on in the eurodollar shadows. Record high repo pool (reverse repo) at the Fed. Bull steepening even more aggressively outside of Treasuries. Primary dealers absolutely hoarding collateral to a degree we haven’t seen since March 2020. Banks around the world heavily buying safety and liquidity. The dollar hammering currencies. But why?Video Length: 00:18:24More By This Author:People Are No Longer Saving MoneyNew GDP Report Shocks The Market (What You Need To Know) What Happened To Bonds
