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#treasuries — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #treasuries, aggregated by home.social.

  1. 2 Bloomberg: Even the strain in #market plumbing has been concentrated: #JPMorgan finds sharply deteriorating #liquidity in #Treasuries but little comparable stress in #stock-index #futures or #corporate-bond #ETFs.
    🧵
    #markets

  2. 2 Bloomberg: Even the strain in #market plumbing has been concentrated: #JPMorgan finds sharply deteriorating #liquidity in #Treasuries but little comparable stress in #stock-index #futures or #corporate-bond #ETFs.
    🧵
    #markets

  3. 2 Bloomberg: Even the strain in #market plumbing has been concentrated: #JPMorgan finds sharply deteriorating #liquidity in #Treasuries but little comparable stress in #stock-index #futures or #corporate-bond #ETFs.
    🧵
    #markets

  4. 2 Bloomberg: Even the strain in #market plumbing has been concentrated: #JPMorgan finds sharply deteriorating #liquidity in #Treasuries but little comparable stress in #stock-index #futures or #corporate-bond #ETFs.
    🧵
    #markets

  5. China is quietly laying the financial plumbing to weaken the dollar's dominance by expanding the interest-bearing e-CNY at home and pushing blockchain-based cross-border payment systems abroad. japantimes.co.jp/commentary/20 #commentary #worldnews #forex #currencies #dollar #yuan #ecny #mbridge #china #us #tariffs #sanctions #treasuries

  6. @GhostOnTheHalfShell the explanation i've settled on for myself about the various japanese carry trades is pretty simple:

    1. ever since the 1989 crash Bank of Japan has loaned out money at insanely low rates (0% or even negative sometimes IIRC)

    2. people like to borrow money from bank of japan and invest it in other stuff (like US treasuries) and pick up a small rate of return (e.g. if a japanese bank is charging 0.5% and treasuries pay 2% you can make 1.5% "for free")

    3. because the rate of return is low people juice their returns by levering the fuck up and borrowing $50 for every $1 they're actually putting in

    4. this amount of leverage means that even small movements in the value of the asset (e.g. US treasuries) blows people up (e.g. at 50x leverage a 2% move is death)

    the specifics of each carry trade are hard to follow but BOJ has been regarded as a ticking time bomb for a long time now

    #BondMarket #economics #economy #treasuries #uspol #Japan #BankOfJapan #BOJ #carrytrade