despite a violent quarter-end, our money market stress monitor shows no major side effects. paired with the Fed's new indicator pointing to ample reserves, an end to QT remains far away
In X, everyone says you're crazy to buy bonds, citing the US debt problem, the inflation problem, the strength of US employment and the economy, and Trump.
But I don't think so, and I was relieved to see what conks had to say.
In X, everyone says you're crazy to buy bonds, citing the US debt problem, the inflation problem, the strength of US employment and the economy, and Trump.
But I don't think so, and I was relieved to see what conks had to say.
‘I'm not the only one who's crazy.’
EFFR and SOFR trading both a 4.83 is not a signal that liquidity might not be that ample?
that’s more about repo funding demand