> The New York Fed’s repo (repurchase agreement) loan program began on September 17 when repo loan rates spiked from approximately 2 percent to 10 percent Here

> The New York Fed’s repo (repurchase agreement) loan program began on September 17 when repo loan rates spiked from approximately 2 percent to 10 percent Here is some context on the September 2019 bailout (dated September 23), and they actually foreshadow that more intervention would be likely: https://fortune.com/2019/09/23/repo-market-big-deal-400-billion-bailout-unnerving/ https://fortune.com/2019/09/23/repo-market-big-deal-400-bill...