The cash generated by the ECB’s second big LTRO operation has now settled in to wherever its holders wanted to park it so we’re entering…
While the media was touting a miss on consensus expectations, and Bloomberg posted an outright lie on Twitter, the actual unadjusted data did show a big improvement over the year ago performance.
The 10 year yield arrived at the top of the base pattern at 2.40 this week. At that point the stock market mysteriously got the…
Treasury supply was in line with the TBAC forecast in the week just completed, but there are signs in weak tax withholding that suggest possible…
The cash generated by the ECB’s second big LTRO operation began to find its level throughout the world financial system last week, but it will…
Treasury supply was in line with the TBAC forecast in the week just completed, and it should again be in line next week. The market…
Apparently the cash generated by the ECB’s second big LTRO operation has yet to be deployed in the markets, which leads us to the possibility…
The following is the executive summary of the Wall Street Examiner Professional Edition Housing Update. The complete report with illustrative charts and analysis is available…
Wednesday is the big day as the ECB reintroduces El Toro (LTRO) Grande otherwise known as the big Long Term Refinancing Operation. Everybody, and I…
Primary Dealers, banks, foreign central banks, and fund investors are having a sex orgy.