What is a safe asset?
…the rating. Norway prints its own currency, in which most of its bonds are denominated. However, it will never be a ‘safe asset’. The bond market is just not capable…
…the rating. Norway prints its own currency, in which most of its bonds are denominated. However, it will never be a ‘safe asset’. The bond market is just not capable…
The current low level of long term interest rates is creating all types of debate about what it is suppose to signify and what investors are discounting. Maybe they are…
…bond vigilantes ” bond market demands to follow through on promised austerity plans.” If this means anything it means that, before the announcement of the austerity bond prices were unusually…
…Federal Reserve Bank of New York are seeking to force Bank of America Corp. to repurchase soured mortgages packaged into $47 billion of bonds by its Countrywide Financial Corp. unit,…
rdan hat tip Tim Schilling…
…through second- and third- (+) order carry-on effects of quite uncertain and contestable mechanism and efficacy. I’m with Steve Randy Waldman: if you want to kill James Bond, just shoot…
…Fed SOMA holdings of each issue. Now while Notes and Bonds are not individually labelled it is easy to distinguish 10 Year and shorter Notes and 30 Year Bonds simply…
…as US and UK breakevens, because the market for CPI indexed bonds is very thin and there are very few different CPI indexed bonds. The series shows a break on…
…good time for an update. CORPORATE BOND YIELDS: With the sole exception of the 1981 “double-dip,” corporate bond yields have always made their most recent low over 1 year before…
– by New Deal democrat There’s no important economic data today, so this is a good time to write about several important developments in the stock and bond markets. First…