There has been a lot of press about negative swap rates — where the fixed side of an interest rate swap (IRS) is lower than the equivalent maturity US Treasury.…Read More
The Economist writes about repo: “Neither liquid nor solid” and blames tight specials markets on regulatory change. Sorry, but no.
Repo seems to be getting a wave of confusing press. An important article by virtue of its large circulation was in the July 12th Economist, “Neither liquid nor solid”.Continue readingRead More
We love it when writers connect the dots. On the blog “The Big Picture” a Dec, 5, 2012 post by James Blanco does just that, connecting General Collateral Repo rates,…Read More