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Repo Usage Is Expanding Again
Overnight repo operations have shifted from dormant to persistent over the past several weeks. This article documents the expansion in repo usage, what it signals about short-term funding conditions, and what to watch next — without overinterpretation.
Published Jan 2, 2026
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Repo Is Back: Late-2025 Looks Like Late-2019
Open the published research article.
Published Dec 29, 2025