…(purchases minus taxes): $100 million From Private -> Treasury Treasury bond purchases : $100 million Looking back, how would you describe these flows? Are are the bond purchases “funding” the…

…that bond traders pay obsessive attention to everything FOMC members say and it is very possible that the guidance will influence their beliefs, but not those of home builders, potential…

…February in the Supreme Court in Bond v. United States, the wacky case in which a biochemist tried to poison her former friend and current paramour of the biochemist’s husband,…

…began in 1947. Workers’ wages and salaries represent roughly two-thirds of production costs and drive inflation. High inflation is a bondholders’ worst enemy because bonds are fixed-income securities. For example,…

…participants in the bond market—including investors, bond rating agencies, and the utilities themselves— are accounting for growing water scarcity, legal conflicts and other threats in their analyses. Some are even…

…stream of maturiing bonds, so there is always a bond 5 minutes from maturity. Well at least one day from maturity. This is not true, at least, of treasury securities…

…the negotiations. Instead, there is a “bondholders’ committee”. Who is on the committee? The “experts” and the large bondholders: primarily banks and bond funds. These banks and bond funds presume…

…a socially useful interaction of bonds and financial markets is that people can buy a balanced portfolio of bonds — a bond index fund when they are young and sell…

…from 87.75. A basis point on a credit-default swap protecting $10 million of debt for five years is equivalent to $1,000 annually. Bets against public debt, once unheard of on…

…fundamentals were shaky….The crash came in Central Europe in May 1873, as it became clear that the region’s assumptions about continual economic growth were too optimistic. Europeans faced what they…