Posts filed under “Fixed Income/Interest Rates”

A World of Sovereign Risk

Interesting interactive graphic from Blackrock:


Source: BlackRock

 

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Category: Credit, Data Analysis, Economy, Fixed Income/Interest Rates

High Quality Liquid Assets and Munis

HQLA and Munis David Kotok September 8, 2014     High Quality Liquid Assets (HQLA) is a term that now applies to the implementation of the Liquidity Coverage Ratio (LCR) in the Basel III Rule. This highly technical mouthful of acronyms and rules specifically applies to banks, their liquidity requirements and the rules governing the…Read More

Category: Fixed Income/Interest Rates, Think Tank

1981: 20-year Treasury bonds at a 15.78% yield

Today in 1981: Uncle Sam issues new 20-year Treasury bonds at a 15.78% yield, an all-time record-high interest rate for any U.S. government issue. Analysts say they expect that yields will have to go higher “to attract stronger demand.” Yields promptly begin going down, and keep going down for the next twelve years. Source: Daniel…Read More

Category: Fixed Income/Interest Rates, Inflation

Category: Credit, Fixed Income/Interest Rates, Think Tank

Hey, Janet (with apologies to the Beatles)

With August upon us and many readers likely at the beach, here is some levity from one side of the vocal debate on the future of Fed policy. Please hum the melody of Hey Jude as you read the lyrics. With thanks and credit to the Beatles.   “Hey Janet” Hey Janet, don’t make it…Read More

Category: Federal Reserve, Fixed Income/Interest Rates, Humor, Music

Source: Societe General, BlackRock

Category: Fixed Income/Interest Rates, Markets

QE Auctions of Treasury Bonds

Category: Bailouts, Federal Reserve, Fixed Income/Interest Rates, Think Tank

Rising Rates Unliklely to Kill This Bull Market

One of the oldest rules on Wall Street is, don’t fight the Fed. When the Federal Reserve is cutting rates, you want to be long equities, and when it is tightening, get out of the way. This has been a cause for concern since the Fed began talking of tapering its program of quantitative easing…Read More

Category: Federal Reserve, Fixed Income/Interest Rates, Investing, Markets

QE: When and How Should the Fed Exit?

Category: Federal Reserve, Fixed Income/Interest Rates, Think Tank

Tapering Is Now Tightening

Tapering Is Now Tightening David R. Kotok July 19, 2014     For a long time, as we saw it, tapering and the threat of tapering (as in last year’s taper tantrum) did not constitute tightening. Today we explore why we believe the situation has now changed. In order to understand why tapering was not…Read More

Category: Bailouts, Credit, Federal Reserve, Fixed Income/Interest Rates, Think Tank