Blog Detail
Notes on Credit Spreads
http://www.spreadsoncredit.com
I write on Fed Funds policy, LIBOR, Treasuries, Sovereign Debt, and Corporate Bonds. In addition, I write on global economic issues in this frame.
- Added on: Jan 27th, 2009
- Country: United States
- Language: English
- Author: Dave Levy
- Listed in: Finance Global Economics
- Tags: bonds Economy libor yield treasuries rate cut
Recent Posts
Book of the Year - Lords of Finance
The Financial Times and Goldman Sachs have put forth their long list for Business Book of the Year. The winner amongst the many terrific nominees should be Lords of Finance by Liaquat Ahamed. That its richness in detail flows as easily as a Harry...
A Time to Blame or a Time for Humility?
Robert Samuelson, (who in full disclosure was a former neighbor) writes in the Washington Post today blaming economists for misreading the current crisis, failing to give proper warning. Instead, they were “out to lunch”. In my opinion, a...
On Inflation, Martin Feldstein is Wrong
Martin Feldstein’s column, (June 29, 2009) on inflation opines that while federal stimulus is still necessary, a combination of looming deficits, federal reserve bond purchases, and skittishness of foreign investors are pushing yields on the 10...
The Fed’s Balance Sheet - Deflation Preventing and not Inflation Causing
The Federal Reserve released its combined 2008 Financial Statements on April 20, 2009. 2008 was stunning, with the balance sheet growing from $915 billion to $2.245 trillion. The major increases were in the commercial paper facility, foreign currency...
Ireland, Currency Controls, and Must Reads
Paul Krugman writes this week about the Irish Economy. In his column and blog, Paul notes Ireland is painfully transitioning, raising taxes to keep its fiscal position in line. Let’s pause. If you have not read Lords of Finance yet by Liaquat A...
The Treasury Plan - Pricing 101
Paul Krugman, in a blog post last week, offers an explanation for how private investors would think about asset purchases under the treasury plan. With no disrespect, here is my explanation: Assume the purchase of a “legacy asset” (or pur...
