Three charts on comparatives between the U.S. and the EU27 for COVID19 data:Key takeaways:U.S. now leads EU27 for 11 days and counting in terms of timing-adjusted death rates per capita of population;Even without accounting for the 7 days lag in the de…
Global numbers of new cases of COVID19 reported continues to trend on the upward trend line, with no discernible peaking:Today’s new cases counts worldwide mark a new local peak at 95,197, ranking 4th highest rate of new cases reported. Since May 15th,…
Term and Type: 20-Year Bond
High Yield: 1.220%
Total Tendered: $52,728,763,800
Total Accepted: $22,099,678,800
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.
Fed QE $1.185B TIPSPurchase 2020-05-20
Fed QE $4.500B Coupon Purchase 2020-05-20
We knew this was coming. $265 billion in MBS settlements for May are almost done. Now we reap the whirlwind. Here’s what to expect and why it’s time to GTFO.
Fed QE $9.500B Coupon Purchase 2020-05-19
“Intelligence is the ability to adapt to change.” Stephen Hawking The economic news over the last month has been as awful as anyone alive has ever seen.
Rangebounds markets all sound and fury. Here’s where this is headed today.