the Fed declares war on money market volatility
Great write-up, as always.
With the volatility/surprise surrounding this specific bill ops, are you concerned at all with the hypothetical: “volatility has migrated to RV/basis trades while GC looks like it’s stable”?
nope
♥️
"...single "divine" rate..."
aka, yield curve control? Is it time now?
Great write-up, as always.
With the volatility/surprise surrounding this specific bill ops, are you concerned at all with the hypothetical: “volatility has migrated to RV/basis trades while GC looks like it’s stable”?
nope
♥️
"...single "divine" rate..."
aka, yield curve control? Is it time now?