After several years of calm, stress is again building in the hidden plumbing of the US financial system — the short-term funding markets that move trillions of dollars in overnight cash and securities ...

Recurring debt ceiling standoffs cause political disruptions and economic costs. We quantify one type of cost which is receiving growing attention: the spillover to short-term funding markets. Using ...

As regulatory pressures reshape European repo markets and balance sheet constraints weigh on dealers, buy-side firms are increasingly looking at clearing as a complementary part of their repo toolkit ...