permanent zero – Page 4 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

Bill Gross: mortgages make sense while Fed suppresses yields

Chart of the Day: Permanent Zero and Personal Interest Income

I repeat: The Fed’s Permanent Zero rate policy is toxic

Chart of the Day: This is how many periphery bonds the ECB has already bought

A year later everyone is catching on about Fed policy and net interest margins

Bruce Bartlett wants the Fed to target nominal GDP

Currency Revulsion

Roubini: No QE3 announcement at Jackson Hole but QE3 will happen

US real 10 year yields at record 225bpt discount to JGBs

Why Permanent Zero is toxic and leads to depression