…changes in bond prices (often of the wrong sign). Second the expectations which matter are not those of bond traders but of house builders. Bond traders pay obsessive attention to…

…huge amount to bond traders, but macroeconomic research focused on the effects of interest rates gives no hint that they would have a reliably detectable effect on output, employment or…

…corporate bond markets in emerging markets, which have grown considerably since the 2007-09 crisis. Diana Ayala, Milan Nedeljkovic and Christian Saborowski, also of the IMF, studied the share of bond…

…they expect… 6/118 Brad DeLong @delong·Apr 9…inflation to continue. And I do not see how workers and bosses can expect inflation to continue while bond traders remain un-spooked. Bond traders…

…related to credibility and the expectations channel (which I call BS). I think the FED worries about bond traders almost as much as the bond traders worry about the FED….

…budget or safety-net programs or debt. That paragraph invokes a federal rule for civil court procedures, requiring anyone seeking an injunction or temporary restraining order to block an action by…

…now, I’ll just say that Kennedy’s opinion relies extensively upon a 2011 opinion of his in a case called Bond v. U.S. in which he enunciated most expansively his federalism…

by Linda Beale McConnell Tossing the Gauntlet on Debt, Taxes and the GOP’s dream of dismantling Social Security and Medicare Pretty much as I predicted, Obama’s failure to go over…

…disorienting, gimmicky refusal by these pols—Ryan and Romney, in particular—to acknowledge that raising revenue through taxes reduces the government’s budget deficit and debt; that lowered tax rates in the last…

…high and rising fast. Interest payments on the debt—“over $90 billion” in 1981—were just shy of $200 billion in Reagan’s last year in office. Using more relevant measures, real debt…