by Bruce Webb Regular readers of Angry Bear will be familiar with bond trader turned blogger Bruce Krasting and his, can we say non-standard conclusions about Social Security solvency. Well…

…away according to the bond vigilantes and several politicos. Mainly, as Ken suggests in a tweet, “He believes monetary policy is science, but makes fun of AB?” On the other…

…security was preferable: an MBS that is that “seasoned” is effectively a generic amortizing bond. There shouldn’t be any surprises—in either direction—so a portfolio manager would prefer it. As usual,…

…upon us….If we wait until the bond market shuns Treasurys, the economic consequences could be dire. Virtually overnight, we could have far less money to spend on priorities such as…

…useful. The concern here is that these investment banks are performing quasi-public functions (serving as middlemen in the sales of stocks and bonds, helping deals between corporations take place, etc.)…

…the pension system. The sovereign bond market is a curious place, where “He’s willing to cheat his own grandmother, that one”, can be a mark of the utmost probity. One…

…over the years back to the United States with the purchase of U.S. government debt, China has in effect helped Washington finance its deficits. Now, Beijing is branching out. The…

…budget, funded by an expected 44.3 tn yen bond issuance. Diminishing policy flexibility? Given the central bank’s propensity to move away from the ZIRP, and the government debt running stock…

…(3), since it’s from the Third Edition of Frank J. Fabozzi’s Bond Markets, Analysis and Strategies (now in its 7th edition). But if anyone out there has the first or…

…the recession following Lehman’s demise is already over and the free market ready to assume its inexorable rise, while others talk of a double dip recession, persisting debt deflation and…