CREDIT PROBLEMS IN THE UNSECURED US$ FUNDING MARKET — SOURCE: 03-29-18 ZeroHedge – “Libor Just Did Something It Hasn’t Done In 13 Years” — With traders looking in awe at the ongoing flattening in the yield curve, as the 2s10s drops below 50bps… … with the 10Y sliding to a 7 week low under 2.74% […]
CREDIT PROBLEMS IN THE UNSECURED US$ FUNDING MARKET — SOURCE: 03-29-18 ZeroHedge – “Libor Just Did Something It Hasn’t Done In 13 Years” — With traders looking in awe at the ongoing flattening in the yield curve, as the 2s10s drops below 50bps… … with the 10Y sliding to a 7 week low under 2.74% […]
MATASII 10Y UST – TNX CALL – CHART UPDATE MARCH 11th REVERSAL CALL w/ ~2.60% Near Term Target UPDATE 03-30-18 – ~2.60% Near Term Support Progressing as Anticipated YIELD SYNTHESIS: Yield Curve Flattening and showing potential to Invert, US Economic Hard & Soft Data Surprises Negative, Reduced Probability by Analysts of a Fourth FOMC Rate Hike […]
US STOCK & BONDS: THE JPYUSD IS RESTRICTING THE JAPANESE CARRY TRADE REMEMBERING THESE PREVIOUS POSTS AT MATASII DOLLAR SWAPS STATUS SHOWS WHAT IS GOING ON – EURODOLLAR CHANGE DUE TO JAPAN’S ABSENCE Inflation hysteria in some places hasn’t just faded, it has disappeared almost entirely. The old saying is that shooting stars burn out […]
FRA ROUNDTABLE INSIGHTS: GORDON T LONG TALKS WITH DR. LACY HUNT Download the Podcast in MP3
POWER POINT UPDATE: ROAD MAP TO THE REPRICING OF RISK DOWNLOAD POWER POINT SLIDE DECK ROADMAP TO THE REPRICING OF RISK
LIBOR-OIS RISE MAY PORTEND UNEXPECTED RISE IN US$ LIBOR tend to be a 3-month leading indicator to the dollar, which as Citi recently showed would mean a surge in the USD, sending shock-waves across global risk markets…
GLOBAL CREDIT MARKETS IN TURMOIL – SOMEONE IS IN TROUBLE! LIBOR-OIS IS EXPLODING HIGHER – A sign of troubles somewhere in the banking system CREDIT DEFAULT SWAPS (CDS) FOR MAJOR INTERNATIONAL BANKS MOVING HIGHER CREDIT DIVERGING FROM FINANCIAL STOCKS As three-month dollar Libor extended its streak to 32 straight increases, though the rise in the setting […]
DOLLAR FUNDING & US TREASURY FX HEDGING COSTS BEING IMPERILED! The ongoing blow out in Libor-OIS is having defined and adverse consequences on both dollar funding and hedging costs. This alone will have a severe impact on foreign banks, because as DB wrote recently, “the rise in dollar funding costs will damage the profitability of hedged investing […]
THERE ARE CLEAR PROBLEMS (SOMEWHERE) IN THE GLOBAL CREDIT MARKETS! The expansion of the LIBOR-OIS and Basis Swaps have been impacted by a complex array of factors, which include: An increase in short-term bond (T-bill) issuance Rising outflow pressures on dollar deposits in the US owing to rising short-term rates Repatriation to cope with US […]
