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These Are The Biggest Players In The $13.5 Trillion Repo Market: How Hedge Fund "Basis Trades" & Money Market Funds Fit In

These Are The Biggest Players In The $13.5 Trillion Repo Market: How Hedge Fund "Basis Trades" & Money Market Funds Fit In Authored by Wolf Richter via Wolf Street, The size of the repo market has ballooned to over $13.5 trillion in outstanding agreements daily, according to the government's Office of Financial Research (OFR). Via the repo market, financial institutions borrow from, and lend to, each other mostly overnight, but also for longer periods, such as for one week, secured by high-quality liquid collateral with a "haircut." About 70% of repos are...
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Nov 8, 2026 / Tyler Durden
Chaos In Riyadh: Aramco Skyscraper Hit By Missile Strike
Chaos In Riyadh: Aramco Skyscraper Hit By Missile Strike Three troubling developments emerged from the Gulf region on Sunday morning:An Aramco office building in Riyadh was damaged during a Houthi missile attack;Iran reported three oil tankers on fire in the Strait of Hormuz;US forces disabled a vessel in the Gulf of Oman amid surging regional tensions, less than a week after the US midterms.Saudi Arabia's Energy Ministry confirmed that an attempted attack on the Aramco administrative building in King Abdullah Financial District occurred earlier.The Saudi Press Agency reported that...
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Apr 7, 2026 / Tyler Durden
No Kings - Except Moloch And Marx And Everyone Else
No Kings - Except Moloch And Marx And Everyone Else Authored by Anthony Esolen via American Greatness, No kings? But millions of little queens of both sexes, tyrants in both public and private life, who would make sure, if they were in the position to do so, that I would pay dearly for the very sentence I am writing right now; who police both what you say and what you would very much like to be left alone not to say; who use exceptional cases to justify surveillance over people who...
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Oct 19, 2026 / Tyler Durden
Putin's Hometown: Biggest Ukrainian Attack On St. Petersburg Since War's Start
Putin's Hometown: Biggest Ukrainian Attack On St. Petersburg Since War's Start St. Petersburg, Russia's second-largest city, came under heavy drone attack early Sunday - resulting in huge fires over what is also the second most important civic center after Moscow. An oil depot and oil export facility suffered direct hits, despite President Trump multiple times making it known that he's vehemently opposed to such attacks, given the diesel supply crisis. Via AFPOne person was killed and at least five more were injured in this latest long-range drone wave, Aleksandr Beglov, the governor of...
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