If a little market-cornering gets you funds in the repo market for a small fraction of that, why not?

如果一点债券囤积行为可以使你在债券回购市场付出较少的钱得到资金，为什么不呢？

youdao

Then there is the repo market, widely used by financial institutions to raise money; Treasury securities are used as collateral for such borrowing.

除此之外，还存在一个回购市场，金融机构普遍利用它来筹集资金；国库券则被用做借贷的抵押品。

youdao

The fire sale of T-bills will paralyze the repo market, drive up the sweeping borrowing costs, suck dry the liquidity and close up the spread in the carry trade.

国库券的抛售将会导致回购市场的瘫痪，提升借贷成本，吸干流动性和关闭套利交易。

youdao

Instead, the action is in the repo market, where credit is provided in return for assets.

BBC: Where to find bank stress

Thus the repo market has become intimately linked to the cash market in Treasury bonds.

ECONOMIST: Repurchase agreements

The sudden shutting of the overnight repo market to Bear contributed to its downfall.

ECONOMIST: Bear Stearns: Bear’s pits | The