“It is something for the market to worry about in the short term,” David Brickell, head of worldwide distribution at Toronto-based crypto platform FRNT Monetary, advised CoinDesk. “There might be some funding stress hangover post the [second] quarter-end. Yet, It’s reminiscent of the repo funding rate blow-up we experienced in 2019, We’re starting to see the strains of excessive government debt and Treasury bill issuance.”
