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(pleasant mallet percussion music) - [Narrator] Take a look at this chart. It tracks how much banks and others pay for overnight loans using something called repurchase agreements. This is also known as the repo rate. These bumps right here on September 16th and 17th have caused a really big stir in the financial world. Thats because the repo market is a critical part of the financial system. It provides a lot of the grease that keeps the wheels spinning, meaning it provides the cash that financial firms need to run their daily operations. When the repo market chokes and cash stops flowing, trouble can reverberate through the economy. Thats what happened in September, and in response, the Federal Reserve had to step in to help, providing tens of billions of dollars to borrowers to keep the system cranking. In the weeks since this happened, experts have called the incident a technical malfunction, and banks, for their part, have said it could have been prevented. Theyre blaming the r