Archive - Conks

Money Market Update

the RRP has reached the zero bound, marking the near-end of a journey toward tight (i.e. no excess) liquidity, but officials have other plans…

Aug 14 •

The Shadow Cash Market: Part II

the "bond-like" market and understated liquidity

Aug 10 •

July 2025

June 2025

The Shadow Cash Market: Part I

the Treasury market's covert twin is boosting liquidity

Jun 24 •

Infographics: Centrally Cleared U.S. Treasury Market Flows

the plumbing of U.S. treasury trades that pass through a central counterparty

Jun 13 •

May 2025

Infographics: The Shadow Cash Market

the "bond-like" liquidity ecosystem

May 28 •

The Fed's Relief Valve: Part II

an attempt to grease the Treasury market's plumbing may fall short

May 16 •

The Conks Pro Pilot Edition

the first (pilot) edition just dropped

May 13 •

April 2025

Announcing... Conks Pro

for the plumbing pro or fan

Apr 30 •

Infographics: The Fed's SLR Rework

the loosening of the Fed's supplementary leverage ratio (SLR)

Apr 6 •

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