This week, large banks like Credit Suisse, announced that they're drastically reducing the amount of available credit for their hedge fund and family office customers to make leveraged trades with. Here Comes The Hwangover: Prime Brokers Begin Slashing Hedge Funds' Leverage After Archegos Debacle https://www.zerohedge.com/markets/here-comes-hwangover-prime-brokers-begin-slashing-hedge-funds-leverage-after-archegos However, the damage is probably already done. About a month ago Laurie Logan, VP at the NY Fed in charge of the Fed's overnight repo facility since the original 2019 Repo Madness gave a speech. Read the April 15th, 2021 article here: UPDATE 1-NY Fed official says central bank prepared to adjust market operations if needed https://finance.yahoo.com/news/1-ny-fed-official-says-184217371.html Reuters covered the speech and there are some interesting tidbits in there including how the Fed has already relaxed the borrowing requires to tap their overnight repo facility for up to $80 billion. Articles from the last 6 weeks about Japanese banks and pension funds selling US Treasuries helping cause repo crisis? 1) How Japanese Investors Accelerated the Treasury Selloff https://www.wsj.com/articles/how-japanese-investors-accelerated-the-treasury-selloff-11617183002 2) After record selling spree, Japan's top insurers weigh buying U.S. bonds again https://www.reuters.com/article/japan-insurers-bonds-idUSL4N2LM10V 3) Treasuries repo rout fueled by Japan’s rush out of global debt https://www.japantimes.co.jp/news/2021/03/04/business/financial-markets/bonds-stock-japanese-economy-global-economy-u-s-treasuries Commit to tipping us monthly for our hard work creating high level, thought provoking content that includes interviews with top experts, analysis and short videos about investing and the economy http://www.patreon.com/wallstformainst​ Please visit the Wall St for Main St website here: http://www.wallstformainst.com/​​​​​​ Follow Jason Burack on Twitter @JasonEBurack Follow Wall St for Main St on Twitter @WallStforMainSt You can also checkout the Wall St for Main St Facebook Fanpage at http://www.facebook.com/WallStforMainSt.​ or the Wall St for Main St Facebook Group where you can learn and join in on the conversation! If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website or through Paypal. Send one time donations to our Paypal to the email address: [email protected] Donate Crypto Currency to WS4MS: Send Bitcoin to: 1N5iDrazojYX5rWxmoyp982RDXJzJrFoPC Send Ethereum (ETH) to: 0x748dD59fA5d5dF80E8C0038DD4F60DAb810fe61a Send Litecoin to: MW7g44j5FX9CYEkvfPvxsW5dFjHY84yup4 Send DASH to: XuEEhWptwf1XxP2nFYQxmBfBBJYehqRoBJ Send Zcash (ZEC) to: t1MGcxyWpiH6JeyF9nnWHw9poRpvTW4PT6S Send Bitcoin Cash (BCH) to: qr7mp7f053rwnpxalxljl3f9x5tulzv53ya88d7wch Wall St for Main St is also available for personalized investor education and paid research work (we write research reports and teach). Please email us to learn more about the research work we offer at: [email protected] **DISCLAIMER- ANYTHING MENTIONED DURING THIS AUDIO OR SHORT VIDEO RECORDING IS FOR INFORMATION & EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE INVESTMENT ADVICE. JASON BURACK AND HIS GUESTS ARE MERELY STATING THEIR OPINIONS ON DIFFERENT TOPICS RELATED TO INVESTING, THE ECONOMY, MARKETS OR COMPANIES. PLEASE TALK TO YOUR INVESTMENT ADVISOR AND DO ADDITIONAL RESEARCH AND DUE DILIGENCE ON YOUR OWN BEFORE INVESTING AND MAKING IMPORTANT INVESTMENT DECISIONS.- DISCLAIMER**