Markets were rattled last week after the Federal Reserve said it conducted an open market operation to inject liquidity into the overnight repo market. New York Fed President John Williams said Monday that the Fed acted quickly and the problems are resolved for now, but investors are understandably concerned following news the Fed injected another $105 billion on Tuesday. Nate Tobik, investor and founder of CompleteBankData.com and author of “The Bank Investor’s Handbook,” joined Benzinga’s PreMarket Prep show Tuesday and explained the repo market and what went wrong last week.

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