interest rates – Page 27 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

Thoughts on the economic effects of the reduction in capex from the energy sector

The convergence to zero continues, favouring Anglo-Saxon government bonds

Negative yields, quantitative easing, currency wars, and reflexivity

Reasons the Fed won’t raise rates

Yield curve inversion in the US when the Fed hikes

The convergence of safe asset yields toward zero favours Anglo-Saxon bonds

Natural gas and the strong dollar as headwinds into 2015

Saudi Arabia’s price war and the oil and Russian ruble crisis

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

The oil glut, Black Friday retail and falling yields