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300 paywall jumps via this link. Be quick or be uninformed about repo. as.ft.com/r/e3ded4c9-0...

as.ft.comThe repo market is the ‘dark matter’ of finance: powerful and perilousHow worried should we be about the multitrillion-dollar market’s influence over the cosmos of central banks, bonds, pension plans and private credit firms?
Robin Wigglesworth@robinwigglesworth.ft.com

And lo, an essay on the the repo market and why it is like the "dark matter" of modern finance: vast, omnipresent, powerful and hidden — and therefore most easily observed through its impact on other bodies. www.ft.com/content/8a7e...

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