Towards a global debt crisis?
Governments are increasingly meeting their fundraising needs by issuing debt, not only through regular auctions but also, increasingly, through syndicated sales involving paying fees to...
Category: MARKETS
Monetary policy divergences: towards a significant asset allocation shift
The European Central Bank insists that it will independently decide on the course of its monetary policy compared to the Fed. In this case, this...
Probabilities of a rate cut in June drop
Last week, the amount of Fed rate cuts priced into swap contracts for this year fell to less than 65 basis points, below the Fed’s...
NYCB, the Fall of a Regional Bank
The lender known for catering to the needs of New York homeowners is in significant trouble. Last week, NYCB revealed major weaknesses in its ability...
Money market funds, the star of the year
Investors have added $128 billion to US money market funds since the beginning of the year, according to the Investment Company Institute. Corporations had a...
2024, a High Geopolitical Risk
After 2023, an excellent year for risky assets despite the war in Europe and the Middle East and an increasing confrontation between the United States...
Tense and Uncertain Equity Markets
The S&P 500 ended its longest streak of weekly gains in two decades. It was different from how Wall Street hoped to start 2024.Investors, who...
Short-term maturities will benefit from the Fed’s easing in 2024
Money market fund holders have a new reason to turn to short-term bonds. The best way to play the Federal Reserve’s pivot towards monetary easing...
Who is right: the market or the FED?
Long-term Treasury bond options show that the outstanding open positions predicting a bond rally and lower interest rates are 2.5 times larger than those protecting...