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Timsmig's avatar

Good job once again for the analysis from both of you.

Keep it coming Dylan and Sam.

Stay humble and stack Satoshis

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Tarek Pacha's avatar

What is meant by the “repo market” in lay terms? Thanks!

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Craig Deutsch's avatar

From Sam Rule: "The Reverse Repo Facility (RRP) is a tool used by the Fed to manage short-term interest rates and market liquidity. It allows banks and other financial institutions to lend their extra money to the Fed overnight by selling securities and agreeing to repurchase them the next day. In return, institutions earn interest on the loan. Higher reverse repo balances translate to less liquidity in the market and vice versa."

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