Browsing Tag

Treasuries

Is It 1994 Again?

Fred Sheehan argues that it is unlikely that Ben Bernanke will raise rates. He says either the market or a successor will do so. He adds that there are several similarities between current trends and those in 1994, a year when many…

Some Thoughts On China FX Policy

Analyzing official China comments in order to make a currency call is a fool’s errand. However, suffice it to say that all of these comments suggest a reduced patience for the status quo and an increased willingness to recalibrate China FX…

Debt Ceiling Showdown Coming

A sovereign nation that issues debt in its own fiat currency cannot default involuntarily. Again, this is the Ecuador risk factor, defaulting for purely political reasons, not because of the inability to pay. It is not clear whether there…

The Verdict on US Bond Yields?

By Claus Vistesen Just before we turned the clock on 2010 I commented on the recent increase in US yields and noted the following simple issue; How investors perceive and interpret will determine great many things; is it a reflection…

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More