China is one of the world’s largest purchasers of US government bonds. If China’s current account surplus declines, and so China sharply cuts back on its purchases of US government bonds, this should automatically cause US interest rates to rise. ...
In the era of quantitative easing, that accounting warrants a second look. The Fed now owns $2 trillion in Treasury bonds and $1.5 trillion in other financial assets. Those assets, and the way the Fed finances them, could have significant budget implications. To understand them, we’ve calcu...
As you watch naked, leathery old men with nipple rings waddle down the street, testicles knocking at their knees, or third-rate drag monsters expose their buttholes to crowds of children, just remember that this is not the behavior of an honorable — or even rebellious — people. Everyone...
That was down 13% from 12 months earlier, and marked a drop of almost 30% from the peak at the end of 2021. The value of bonds held by overseas entities rose almost 8% last year, the data showed. /jlne.ws/3UPMP84 Korea to Let Investors Access Won Quotes From More Banks Hooyeon...
At MarketAxess, US government bonds ADV was up by 29% YoY and down 0.88% MoM – mirroring the trend on a smaller scale. /jlne.ws/4dAROQ8 Environmental, Social and Corporate Governance UK to introduce bill to regulate ESG rating agencies; Announcement by chancellor Rachel Reeves comes amid ...
buying $80 billion each monthin various maturities of Treasury notes and bonds. That started in June of last year. As of this past Wednesday, the Fed owned $4.8trillionof Treasury securities, part of that resulting from its purchases of Treasuries (QE programs) after...
Evans believes that tightening down the screws on monetary policy to hold down demand, completely ignoring the employment part of the mandate, is the proper policy prescription to keep gas prices in check. To this very interested observer, it would be far better for our government to get its ...
In Hudson’s words, “The vertical axis is logarithmic and clearly shows how the hashing rate will slow down over the next two years. What’s somewhat interesting is that whether the BTC price remains the same, doubles or quadruples over that time the effect is still pronounced. The hashing...
The decision to suspend the initial public offering of the fintech company Ant Group was made in order to “better safeguard capital market stability and protect investors’ interests,” Chinese Foreign Ministry said on Wednesday. According to media reports, the firm will have to “open itself up...
So he wasn’t as freaked-out about long doubles for money as I was. We talked a lot about how much divisibility Bitcoins ought to have; whether to make ‘Satoshis’ an order of magnitude bigger just to have three more bits of cushion against rounding errors, or keep them near the ...