Business

Large Banks Take Interest In CLOs On Secondary Market

Large Banks Take Interest In CLOs On Secondary Market

Sensing a continuing rise in collateralized loan obligations (CLOs), several large banks took subordinate positions in them on the secondary market, notes Asset Backed Alert (ABAlert.com). In its weekly update on worldwide securitization dated May 20, 2016, Asset Backed Alert said it […]

Near-Term Risks Have Risen For Breakevens: Deutsche Bank

Near-Term Risks Have Risen For Breakevens: Deutsche Bank

Thanks to the renewed focus on Fed tightening and associated upside risks for the USD and downside risks for the Chinese economy, commodities and risk markets, near-term risks have risen for B/Es, believe DB analysts. Markus Heider and Alex Li point out in […]

Fascism - march on Rome

The Founding Father of Fascism

The Founding Father of Fascism Have you heard of the “great man” theory of history?   The meaning is obvious from the words. The idea is that history moves in epochal shifts under the leadership of visionary, bold, often ruthless […]

NIRP

Three Weird Consequences of NIRP

Three Weird Consequences of NIRP BY PATRICK WATSON Negative interest rates are all the rage at central banks, a symptom of the deflation that is slowing spreading worldwide. The Bank of Japan, European Central Bank, and Swiss National Bank already […]

Act Now: Volatility Ahead In US Treasury Market

Act Now: Volatility Ahead In US Treasury Market

Act Now: Volatility Ahead In US Treasury Market by Scott DiMaggio & Alison Martier – AllianceBernstein We laud US regulators’ announcement on Monday that they will increase oversight of the Treasury market. Unfortunately, merely assuring investors additional price transparency in […]