September 2024: Dealer Balance Sheet Constraints Evidence from Dealer-Level Data across Repo Market Segments

FEDS Note
by Lia Chabot, Paul Cochran, Sebastian Infante and Benjamin Iorio

In this note, the authors present a novel measure based on individual dealer-level data that isolates the compensation dealers receive for intermediating overnight Treasury repurchase agreements across repo market segments.

Link:
FEDS Notes: Dealer Balance Sheet Constraints Evidence from Dealer-Level Data across Repo Market Segments