FRA ROUNDTABLE INSIGHTS: GORDON T LONG TALKS WITH DR. LACY HUNT
FRA ROUNDTABLE INSIGHTS: GORDON T LONG TALKS WITH DR. LACY HUNT Download the Podcast in MP3
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GLOBAL CREDIT MARKETS IN TURMOIL – SOMEONE IS IN TROUBLE!
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!
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!
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 […]
MATASII 10Y UST – TNX CALL – CHART UPDATE
MATASII 10Y UST – TNX CALL – CHART UPDATE
MATASII 10Y UST – TNX CALL – CHART UPDATE
MATASII 10Y UST – TNX CALL – CHART UPDATE
BLOOMBERG: YIELDS HAVEN’T PEAKED – MAYBE 3.1%?
BLOOMBERG: YIELDS HAVEN’T PEAKED – MAYBE 3.1%? — SOURCE: 02-26-18 Bloomberg Intelligence – “Curve to Flatten More; Yields Haven’t Peaked?” — We continue to believe curves will be flatter by year-end, which suggests that Treasury yields haven’t yet peaked. Among the reasons are An under-pricing of 2019 Fed interest-rate hikes, Uncertainty about the effectiveness of fiscal […]
BLOOMBERG: YIELDS HAVEN’T PEAKED – MAYBE 3.1%?
BLOOMBERG: YIELDS HAVEN’T PEAKED – MAYBE 3.1%? — SOURCE: 02-26-18 Bloomberg Intelligence – “Curve to Flatten More; Yields Haven’t Peaked?” — We continue to believe curves will be flatter by year-end, which suggests that Treasury yields haven’t yet peaked. Among the reasons are An under-pricing of 2019 Fed interest-rate hikes, Uncertainty about the effectiveness of fiscal […]
COSTLY US$ HEDGES TARNISH US BONDS FOR OVERSEAS INVESTORS
COSTLY US$ HEDGES TARNISH US BONDS FOR OVERSEAS INVESTORS –SOURCE: 02-28-18 Reuters – ” Costly dollar hedges tarnish U.S. bonds for overseas investors”– LONDON (Reuters) – Yields on U.S. government debt are at their highest in over four years, and yet they are failing to attract many European investors due to the uncertain outlook for the […]
COSTLY US$ HEDGES TARNISH US BONDS FOR OVERSEAS INVESTORS
COSTLY US$ HEDGES TARNISH US BONDS FOR OVERSEAS INVESTORS –SOURCE: 02-28-18 Reuters – ” Costly dollar hedges tarnish U.S. bonds for overseas investors”– LONDON (Reuters) – Yields on U.S. government debt are at their highest in over four years, and yet they are failing to attract many European investors due to the uncertain outlook for the […]