Reaching For Yield On The Frontier 2
Frontier markets volatility and reliance on USD financing makes them risky investments; investors flocking to them shows how desperate they are for yield.
Reaching For Yield On The Frontier 1
What do Tanzania, Uzbekistan, and Sri Lanka have in common? At first glance, nothing, but their bonds are gaining popularity among investors reaching for yield.
Why You Must Watch The Bond Market & Yield Curve
We know that the economy cannot reliably predict how a market moves,but what if we see things from the opposite perspective, can markets predict the economy?
What You Need To Know About The Repo Market 2
While all Treasuries can be used as collateral, they are not all made equal, at least when it comes to what serves as the best forms of collateral.
What You Need To Know About The Repo Market 1
No other financial asset provides the flexibility, security, and liquidity of US Treasuries. They are the best form of collateral. Does this make them money?
Breaking Down Breakeven Rates Part 1
Rallying breakeven rates are all the rage these days. People are taking it to mean that the US economy (and the world’s) is on the verge of “boom times!”
Can Money Run? Introducing Monetary Goldilocks
How fast can money run? Fast enough to destroy an economy. Paradoxically, also slow enough to destroy an economy. But what exactly is money velocity?
What Is Inflation Exactly? When Is It Good?
Inflation comes in many forms, not least of which are food, asset price, currency value, and goods & services inflation. What kind do central bankers want?
How Is Money REALLY Created? Banks Do NOT Lend Reserves
Fractional Reserve Banking is not what actually happens in the real economy, because banks do not lend Reserves. How then is money created?
How Is Money REALLY Created? NOT Fractional Reserve Banking
Explaining what Fractional Reserve Banking is, and how it works together with the Reserve Requirement Ratio to theoretically multiply money.
