My GASB comments
…makes informed policy analysis very difficult and, in some cases, impossible. Not only that, the lack of transparency hinders the ability of bond and other financial analysts to determine the…
…makes informed policy analysis very difficult and, in some cases, impossible. Not only that, the lack of transparency hinders the ability of bond and other financial analysts to determine the…
…showing signs of financial or economic instability, as manifested by lower bond interest rate spreads and inflation rates, and 2—they met the “political” criteria of high shares in U.S. exports…
…back as the bond market. You can intimidate everybody.* And therein lies the problem. He said this in the early 1990s. By the time fifteen years had passed and the…
…happening in the bond market is that the 2 to 10 year spread is reaching equivalent levels at higher and higher absolute yields. Here’s a graph I generated last week,…
…that in recent decades bond market investors have almost always anticipated the Fed’s move, bidding up yields on the 2 year bond in advance of Fed interest rate hikes. There…
…trend remains lower Bond yields rose this past week, as the Treasury auctioned $42 billion of 10-year notes and $25 billion of 30-year bonds that drew somewhat weaker demand. For…
…Fed rate cuts. This was because bond traders well understood that the underlying inflation dynamics over the medium term were poor. It is hard to escape the implication that bond…
…financial gorilla in the room, the Treasury bond market, has noticed. Here is a graph of interest rate yields on the 10 year (red) and 30 year (blue) Treasury bonds…
by Rebecca Wilder Unfounded Obsession With the Greek Minimum Wage The Greek minimum wage is apparently a point of contention between the Troika (ECB/EU/IMF) and the Greek government. The NY…
…data: The Federal Reserve publishes money supply and monetary base data, which can be easily downloaded at the St. Louis Fred database. ECB data can be found here and here….