Rashad Ahmed

Stablecoins are already meaningful players in the Treasury market, as we show in more detail in a recent paper with @rashad-ahmed.bsky.social

www.bis.org/publ/work127...

11.07.2025 11:11 — 👍 4    🔁 2    💬 1    📌 0

When Financial Regulation becomes Financial Repression – Andersen Institute

link: anderseninstitute.org/regulation-b...

02.07.2025 12:48 — 👍 0    🔁 0    💬 0    📌 0

New @anderseninstitute.bsky.social Note: "When financial regulation becomes financial repression" (link below)

We take a macro view on the interactions between:

(i) high and rising debt
(ii) OBBB expansionary spending
(iii) GENIUS Act stablecoin legislation
(iv) SLR bank capital reform

02.07.2025 12:48 — 👍 0    🔁 0    💬 1    📌 0

How stablecoins are entering the financial mainstream Usage of the digital assets is growing rapidly, but concerns remain about supervision and their impact on other parts of the financial system

Nice Big Read by @staffordphilip.bsky.social on stablecoins, featuring our paper with @rashad-ahmed.bsky.social on the impact of SCs on the Treasury market
on.ft.com/3ZvMDw5

12.06.2025 17:33 — 👍 5    🔁 2    💬 0    📌 0

Great Long Read by @katie0martin.ft.com featuring our recent paper with @rashad-ahmed.bsky.social

06.06.2025 19:48 — 👍 11    🔁 3    💬 0    📌 0

Aaaand new paper is out!
“Stablecoins and safe asset prices” with the awesome @rashad-ahmed.bsky.social
Quantifying the effects pf stablecoin flows on Tsy yields with instrumented linear projections, documenting asymmetric effects of inflows vs outflows
www.bis.org/publ/work127...

28.05.2025 12:10 — 👍 59    🔁 16    💬 4    📌 6

If tariffs are going to improve US debt sustainability then why is US default risk going up?
#Finsky #Econsky

21.04.2025 14:26 — 👍 2    🔁 2    💬 0    📌 0

LinkedIn This link will take you to a page that’s not on LinkedIn

Join us at the 2025 Johns Hopkins Geoeconomics Conference Keynote Presentation and Panel Discussion

🗓️ Friday, May 2 | 2:00–7:00 PM

📍 Hopkins Bloomberg Center, Washington, DC

🔗 Register here: lnkd.in/eEzhX_PQ.

The conference Website is here: lnkd.in/eGbz-s_j

#Geoeconomics #JohnsHopkins

16.04.2025 17:49 — 👍 3    🔁 2    💬 1    📌 1

The idea that these tarriffs will be recessionary is consistent with cross asset market moves and even more directly, rising recession odds in prediction markets

equities (-)
mid/long rates (-)
STIR fwds (-)
inflation fwds beyond 1-year (-)
crude oil (-)

04.04.2025 13:28 — 👍 0    🔁 0    💬 0    📌 0

Thanks!

20.03.2025 09:25 — 👍 1    🔁 0    💬 0    📌 0

Turns out that RRP drainage was highly responsive to T-bill supply

12.02.2025 17:42 — 👍 10    🔁 1    💬 0    📌 0

Trump should not take bond investors for granted It needs only a small reduction in the dollar slice of global reserves to hit prices and raise borrowing costs

@katie0martin.ft.com notes that the US Treasury market reflects the inconsistencies in the administration's policy goals

www.ft.com/content/5d69...

@rashad-ahmed.bsky.social and I find that dealers' constraints are a geopolitical vulnerability

cepr.org/voxeu/column...

#Econsky #AcademicSky

09.02.2025 21:57 — 👍 20    🔁 8    💬 0    📌 1

A ‘reverse conundrum’ and foreign official demand for US Treasuries Reminiscent of the ‘Greenspan conundrum’, since 18 September 2024 the Federal Reserve has cut short-term interest rates by 100 basis points, while 10-year interest rates have risen by 100 basis points, defying conventional expectations. This column argues that this ‘reverse conundrum’ can be explained by a sharp decline in foreign official demand for US Treasuries and a likely shift towards gold, which is less vulnerable to sanctions and asset freezes.

What was meant as a quick n dirty weekend analysis by @arebucci.bsky.social and I.. now catching the attn of @reuters.com and @financialtimes.com. Grateful to see interest in our work

Our piece: cepr.org/voxeu/column...

FT: on.ft.com/3QaAVCc

Reuters: www.reuters.com/markets/rate...

09.02.2025 15:51 — 👍 3    🔁 0    💬 0    📌 1

Video interviews are not my favorite, and I don't like to rewatch myself, but you might find this discussion of our paper with @rashad-ahmed.bsky.social on the price impact of foreign official sales of treasuries on their yileds informative: www.youtube.com/watch?v=FGGQ... #Econsky

07.02.2025 18:59 — 👍 5    🔁 6    💬 0    📌 0

New semester, here are data sources for students... #econsky
econbrowser.com/archives/202...

22.01.2025 00:54 — 👍 7    🔁 3    💬 0    📌 0

The bond markets vs Donald Trump There is a notable — and rising — risk of financial turmoil if the new White House does anything to spook investors

#FT and #Reuters covering our analysis of foreign official flows and US yileds:

@

www.ft.com/content/7201...

www.reuters.com/markets/rate...

20.01.2025 18:43 — 👍 3    🔁 1    💬 0    📌 0