– The Global Dollar Funding Shortage Is Back With A Vengeance And “This Time It’s Different” (ZeroHedge, March 8, 2015):
Something curious has emerged as a result of the divergent “Fed-vs-Everyone-Else” central bank policy: as JPM observed over the weekend while looking at the dollar fx basis, the dollar funding shortage is back with a vengeance, and is accelerating at pace not seen since the Lehman collapse.
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