forward guidance – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

On the yield curve’s bear steepening in a period of cyclically low credit spreads

Why the Fed was talking to big money investors, leading to a major leak

Was it right to be on recession watch in 2016?

Japan redux: Fed rate hikes are coming this year, but at what pace?

Front-running the Fed on interest rate hikes

Tail risk zero bound dynamics are driven by credit risk, not interest rates

Economic and market themes: 2014-03-28

The move from QE to forward guidance has always been about normalizing policy

The Fed and the Return of Ad Hockery

FOMC Minutes and Thoughts on Forward Guidance