Monthly Archives: January 2013

Happy Birthday, JR

Posted on January 31, 2013 by macromon

One of our heroes and favorite Bruin. (click here if video is not observable)

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The Big Mac Index – Buy India/Sell Norway

Posted on January 31, 2013 by macromon

The Economist is out with their Big Mac Index of currency valuations.  The Big Mac index looks at foreign-exchange rates based on the theory of purchasing-power parity (PPP),  the notion prices/exchange rates should adjust over the long run, so tradable goods … Continue reading →

Posted in Currency | Tagged , | 2 Comments

Slowing Russian growth sets up interest rate fight

Posted on January 31, 2013 by macromon

(click here if video is not observable)

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Daily Interest Rate Monitor – January 31

Posted on January 31, 2013 by macromon

(click here if table is not observable)

Posted in Interest Rates | Tagged , , , , , | 1 Comment

Who Owns the U.S. Treasury Market?

Posted on January 30, 2013 by macromon

The 10-year Treasury bond yield traded at 2.03 percent today a level not seen since April 2012. We thought it’s a good time to revisit who are the major holders of U.S. Treasury securities.   Some of the data are … Continue reading →

Posted in Bonds, Fiscal Policy, Interest Rates, Sovereign Debt | Tagged , , | 8 Comments

Daily Interest Rate Monitor – January 30

Posted on January 30, 2013 by macromon

(click here if tables is not observable)

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The Fed and Credit Rationing

Posted on January 30, 2013 by macromon

John Taylor’s piece in the WSJ yesterday noted, So if investors are told by the Fed that the short-term rate is going to be close to zero in the future, then they will bid down the yield on the long-term … Continue reading →

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What’s Up With This?

Posted on January 29, 2013 by macromon

Obama lands at Andrews, two hours ahead of sked, after a lightning-quick visit to Las Vegas. Practically sprinted to Marine One.#secondterm — Mark Landler (@MarkLandler) January 30, 2013

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Picture of the Day: The Wall of Liquidity

Posted on January 29, 2013 by macromon

Stock traders are not the only ones surfing a record wall of liquidity and in “zones we haven’t never surfed” before.  The Australian reports, THE northern hemisphere’s winter has been a historically bumper season for big-wave hunters. It reached a … Continue reading →

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Stratfor: France’s Economic Challenges in 2013

Posted on January 29, 2013 by macromon

Year to date France’s 10-year sovereign spread is 10 bps tighter to the German Bund and the CAC 40 stock index is almost almost 4 percent.  No worries, mate.   Not yet. Stratfor Europe analyst Adriano Bosoni discusses France’s challenge to … Continue reading →

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