A tale of two incomes in the money market
…is many times greater than the money in the capital market.) However, capital income controls the bond market, so interest rates fell. The result was that either prices or real…
…is many times greater than the money in the capital market.) However, capital income controls the bond market, so interest rates fell. The result was that either prices or real…
…Buy CDS on a bond, and then bribe the borrower to temporarily default. This is like taking out insurance on your neighbor’s car and bribing him to get in an…
…lower taxes because other countries are buying its bonds. Then we can suppress real wages, because savings from labor is no longer needed. But then from another perspective, did imports…
…the part of the rich to drive all asset yields down. Yet what we have seen has been a steep, prolonged fall in Treasury bond yields while stock-market equity yields…
…has been a steep, prolonged fall in Treasury bond yields while stock-market equity yields have plateaued at about 5%/year. (I replied to this here.) Jared Bernstein [and Paul Krugman, channeled…
…the economy is genuinely slowing down. Here is a tweet from Edward Harrison… Lower equities, lower oil, lower copper, lower bond yields, flattening yield curve says economic weakness, not just…
…bond investors are also showing signs of retreating. Moreover, the declines in currency values have expanded outside the “Fragile Five” of Brazil, India, Indonesia, South Africa and Turkey to include…
…for lagged annual growth of GDP) The real interest rate is Moody’s index of Baa corporate bond rates (BAA) minus the rate of increase of the GDP deflator over the…
…and bond clippers will ALWAYS see any uptick in labor costs to put the country at risk of Weimar 2. That is the consequence of seeing labor through capitals eyes…
…language, John Fritze, The Baltimore Sun, May 10 No, the title of this post doesn’t refer to the bond-vigilantes/austerity/confidence-fairy crowd, but instead to (yet again) the Supreme Court’s 5-4 decision…