The banking sector is quietly grappling with a crisis of unprecedented proportions.

Citizen Watch Report. . . . . . . . . . . . .. . Article

But the troubles run deeper than headline figures suggest. The rapid decline in reverse repo activity, shrinking from over $2500 billion to under $500 billion in just 16 months, hints at a looming liquidity crisis. Once this reservoir is drained, the flow of capital could grind to a halt, plunging the financial system into turmoil.