RATES HIT 10% BEFORE THE BELL. THE FED BOUGHT $75 BILLION IN FOUR HOURS. HIS SUPERVISOR TOLD HIM TO KEEP THE CALL LOG SEALED.

On September 16, 2019, the overnight repo rate skyrocketed to 10% in mere minutes, prompting the Federal Reserve to inject $75 billion into the system before the market opened. Marcus Chen, a senior trader, was instructed by his supervisor to keep call logs sealed, raising serious questions about transparency and accountability in decision-making.