The US repo market is dead which is exactly just how we've envisioned.

http://sg-stock.blogspot.com/2020/03/weve-correctly-predicted-end-of-good-us.html

We told you that the repo market would be wiped out when the US cut its rates to Zero.  It had happened.

Repo Market Data:

22 July - Zero deal!

23 July - Zero deal!

24 July - Zero deal!

27 July - Zero deal!

Reverse Repo Market Data:

22 July - Zero deal!

23 July - Zero deal!

24 July - Zero deal!

27 July - Zero deal!

Like we said before, we're not always right but we're also seldom wrong.  Therefore, when we tell you something, you better pay attention.