Unreported policy changes raise fears of another Wall Street bailout.

This has been the policy since the 2008 depression, who’s fearing it?

Banks get overnight Fed liquidity at 3.75% using their assets as collateral. Regular people facing cash crunches get payday lenders at 400% APR or have to sell their stuff at a loss. That’s an unfair deal, and banks are smart to take advantage of it. But it’s not really a good indicator of collapse. The 2019 repo spike looked scary at the time, rates shot up, the Fed stepped in, and nothing collapsed. This could be something similar. Could be wrong though.

lol Trump admin is just gonna keep pumping the bubble until they lose office and then it’s someone else’s promblem

I love the term ‘covenant loosening’.