CUSIP: 91282CBL4Term and Type: 9-Year 11-Month NoteSeries: B-2031Reopening: YesInterest Rate: 1.125%High Yield: 1.523%Price: $96.346935Allotted at High: 27.17%Total Tendered: $92,933,971,300Total Accepted: $40,355,061,500Auction Date: 03/10/2021Issue D…
The US Treasury’s attempt to rescue the Treasury market began in mid February. It’s not going well. They’ve managed to stop the hemorrhaging. Prices have…
In the category of greatest bubble in the history of the world, at least since Tulip bulbs, we look again at the wonder of buttcoin.…
In the downstairs slinky pattern of the last couple of weeks the ES fucutures sure make it look as though the US stock market is ready to roll over again. Ah, but not so fast! Here’s why, if you’re bearish, you’re likely to be disappointed.
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
The “wait and see” economy is about to face its moment of truth, and one truth is the $1.8 trillion being passed out like candy is already spent.
The pandemic has had a major impact on people’s attitudes toward work abroad : it reduced their interest generally, inclining them toward countries that have done the best job of containing the coronavirus.A new study by the Boston Consulting Group and…
The OECD released its latest interim Economic Outlook report on Tuesday, providing us with an updated look at the pandemic’s impact on the world economy. Striking a cautiously optimistic tone, the report finds that “global economic prospects have impro…
As vaccination campaigns finally start to gather pace in some countries, a substantial chunk of the world still remains off limits to international tourists. A new report from the United Nations World Tourism Organization found that one third of destin…
The coronavirus pandemic has reduced global CO₂ emissions by almost 2 gigatonnes – about the equivalent of the net increase in carbon emissions since 2013. Numbers released by the International Energy Agency show that the biggest decrease was linked to…