Policy rates are made to trend by their human overseers – and this is great for returns
Interesting stuff. I was actually just thinking the other day what correlation/quantifier/metric exists that shows lag/moves the long end makes when the short end is cut. This piece is just a “piece of the puzzle”. A very important piece however.
Peter - this is a fabulous piece. Thank you!
Peter - I would love your take on this news: https://www.bloomberg.com/news/articles/2024-02-06/hedge-funds-trading-treasuries-set-to-be-tagged-dealers-by-sec?cmpid=BBD020624_OAS&utm_medium=email&utm_source=newsletter&utm_term=240206&utm_campaign=openasia&sref=SAKZQfLK Necessary oversight or a threat to rates liquidity just when we do not need the UST market to gum up
This is very interesting! Thank you! Also, I'd like to see you elaborate your thoughts as you teased in the post!
Thank you again for an insightful article. It's much appreciated!
Interesting stuff. I was actually just thinking the other day what correlation/quantifier/metric exists that shows lag/moves the long end makes when the short end is cut. This piece is just a “piece of the puzzle”. A very important piece however.
Peter - this is a fabulous piece. Thank you!
Peter - I would love your take on this news: https://www.bloomberg.com/news/articles/2024-02-06/hedge-funds-trading-treasuries-set-to-be-tagged-dealers-by-sec?cmpid=BBD020624_OAS&utm_medium=email&utm_source=newsletter&utm_term=240206&utm_campaign=openasia&sref=SAKZQfLK Necessary oversight or a threat to rates liquidity just when we do not need the UST market to gum up
This is very interesting! Thank you! Also, I'd like to see you elaborate your thoughts as you teased in the post!
Thank you again for an insightful article. It's much appreciated!