Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/bond; debt; ECB; Eurozone

The Shape of the Future

…have to be housing, but (with hindsight) we can see housing was a logical candidate. No one seemed to doubt that home prices could ever stop rising. Debt had no…

Another viewpoint on the economy

…you hear a different tale. Not a single junk bond has been issued in Europe since August. Every attempt failed. Europe’s corporate bond issuance fell 66pc in the third quarter…

Subprime becomes prime time lawsuits?

…mortgage lenders, does anyone really think that it can ultimately stop fraud lawsuits by mortgage bond investors, many of them spread out across the globe? The catastrophic consequences of bond

Feeling Bearish

…the stock market crash in 1987, the Asian financial crisis and bond-market paralysis in 1998, the bursting stock bubble in 2000. Suddenly, this year has all the ingredients of a…

David Altig’s Defense of Cato’s Free Lunch Claim

bond/inflation indexed Treasury bond portfolio after subtracting 0.25 percentage points for transactions costs” In fact the calculator is based on the same “analysis” of the proposal that Mark Thoma rightfully…

Inflation Resurgent?

…sanguine. For the first time in the long time I’m starting to wonder if inflation-indexed bonds won’t provide a better deal than nominal bonds over the next 5 years… Kash…

Excessive Liquidity

…asset price inflation. Housing prices have probably been inflated thanks to all of this liquidity (as many people have noted), but so have bond prices. As a result, bond yields…