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The repo (repurchase agreement) market is seen as the plumbing of the financial system and facilitates volume of around $1-2 trillion per day - it is one of the most important markets in the financial system. Recently, it has been causing big headlines in the financial news due to major issues its been experiencing. This has led the Federal Reserve to get involved and begin pumping money into the market once again. But the big question is... what is the repo market? Let's break it down in a simp
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