Wow. This is an interesting take. I didn't know higher risk firms like hedge funds, PE firms, and REITs are borrowing so heavily in the repo market. So basic

Wow. This is an interesting take. I didn't know higher risk firms like hedge funds, PE firms, and REITs are borrowing so heavily in the repo market. So basically, this is the Fed just handing out cheap money to these firms. It's socialism for the super-rich.