Rates and Bonds
News and analysis on rates and fixed income markets
Markets, Rates and Bonds. 26 September, 2012, 10:35 Credit market is giving up the post-QE-Infinity gain
Credit markets are giving up the post-QE-Infinity gain.
Markets, Rates and Bonds. 24 September, 2012, 10:55 Residential mortgage loans on banks’ balance sheet hits record high
Mortgages on banks’ balance sheet have spiked to record levels.
Markets, Rates and Bonds. 22 September, 2012, 11:45 Spread between US mortgage rates and agency MBS yields hits record high
While agency MBS yields collapsed on the back of QE-Infinity, lower rates are not passing through mortgage rates.
Markets, Rates and Bonds. 31 August, 2012, 3:35 US money market funds continue to show risk aversion
US MMFs exposure to European banks are increasingly done via repo.
Markets, Rates and Bonds. 13 July, 2012, 9:05 LIBOR products continue to do well despite the LIEBOR scandal
Despite the LIBOR scandal unfolding, LIBOR based products remain popular.
Markets, Rates and Bonds. 11 June, 2012, 21:27 Buy the rumour, sell the news: Spanish bailout edition
The market is rapidly fading the news of the Spanish bailout as it turns out to be extremely problematic.
Markets, Rates and Bonds. 5 June, 2012, 19:35 Race to the bottom: government bond yields edition
Top quality government bonds like US and German have seen their yields hitting record low after record low.
Markets, Rates and Bonds. 18 April, 2012, 22:38 John Paulson is bearish on Europe and is placing bets that bulls place
John Paulson is making expressing his bearish views by shorting German Bunds, which is the trade that bulls have been doing.
Markets, Rates and Bonds. 16 October, 2011, 23:44 Bill Gross Apologises And Turns More Pessimistic
Bill Gross of Pimco apoligises to investors for missing the government bond rally, and is now more pessimistic about the global economy.
Markets, Rates and Bonds. 29 August, 2011, 17:10 Something Funny In Credit Markets…
Jeffrey Gundland thinks something funny is happening in the bond market. CDSs and spreads, of course, are rising lately…
Markets, Rates and Bonds. 23 June, 2011, 5:05 China Tightening Update: Shanghai Interbank Rates Surge Even More
Short-term interbank lending rates jumped sharply in the past few days after the People’s Bank of China raised RRR.
Markets, Rates and Bonds. 17 June, 2011, 13:20 Shanghai Interbank Offered Rate Signals Tightening Liquidity
The short end of the Shanghai Interbank Offered Rates rose significantly in the past few days after the PBOC announce of increasing RRR.
Markets, Rates and Bonds. 25 May, 2011, 16:09 Short-Term Shanghai Interbank Offered Rate Rose Again
The short end of Shanghai Interbank Offered Rates surged recently. Now it is more costly to borrow for 2 weeks than 1 month in the interbank market.