Hopeful Homeowners Should Watch Mortgage Market, Not Treasuries
Economic Perspectives - Market Focus May 2020: Yield curve control in the JGB market is one thing; yield curve control in the US Treasury market is quite another. Non-residents own 13 per cent of the JGB market but 35 per cent of US Treasuries, and they…
Which is more accurate in predicting movements in forward rates? A 1, 2, 3, 6 or 10-factor term structure model? 10 factors (blue) by far, U.S. Treasuries, daily, 1962-2019, with stochastic volatility #ALM #ICAAP #FRTB #FTP #IRRBB @tlt @BOND @BND @AGG
#Fed Balance Sheet tops $7tn for first time ever after an increase of $103bn in the past week. Putting the increase in context, the Fed's balance sheet hit $6tn on Apr2. Holds $4.09tn of US Treasuries, $32bn higher than prev week. Holds $1.86tn of MBS, up $79bn week-over-week.
We could increase taxes two fold, add a VAT, catch all the mishandled state pension funds and Social Security up to date, put surplus revenues in the state and federal treasuries, and you can bet your boots that the politicians would be back in debt in a year
$81.2 billion in Treasuries have mysteriously vanished from Russia's books
the bond market just closed with inverted yield curve for Treasuries - a key indicator of looming recession - for the first time since 2007
NEVER FORGET - CHINA OWNS a massive amount of US Treasuries Aggressively selling would be shooting themselves in the foot, but it would hurt us more. They could drive the price down and spike rates #tradewars are not easy to win