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

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

Watch the Parking Meters

…in default was drawn from the same distribution. As Lehman Brothers bond holders now know, the’re not your fathers defaulted bonds (they are now worth 10 cents on the dollar)….

Grass is Green, Sky is Blue, The WSJ Lies to You

…the bubble, in the very pages of the WSJ: Another aspect of the market disruption is a dramatic stand-off between bond buyers and sellers: Buyers in both housing and debt

repo fails

Decline and fall of western civilization provides another look at repo fails in the US Treasury bond market, up to $2 trillion recently….

Shiela C. Bair Tries to Save the World–Again

bond investors will do better than others — depending on where they stand along the risk continuum — and under those same contracts, servicers are obliged to treat all investors…

Politically Motivated Biased Censoring

…was my response (11.07.08 – 6:30 pm): As to whatever you were trying to peddle upthread with respect to treasury rates and Bill Clinton and paying down the debt (whatever…

Who is Neel Kashkari?

…the HOPE NOW Alliance, the development of the subprime fast-track loan modification plan, and Treasury’s initiative to kick-start a covered bond market in the United States. Prior to joining the…

DOJ report on prosecutor firings

…2006 election. Another U.S. attorney in Missouri lost his post over a petty complaint from Republican Sen. Christopher Bond, and still another was bumped to make room for a protÈgÈ…

Oil as an excuse for Bush et al’s economic performance

…corporate earnings, inflation, and monetary policy following the oil price increases will affect equity and bond valuations, and currency exchange rates. Finally, depending on expected duration of price increases, the…

Soc Sec XXXVI: $17 trillion backward transfer

…than the cost of the current stimulus package. The notion that a similar borrowing need in 2025 will bring the bond market to its knees could use some explication. Plus…