bedside manner.

20.12.2024 22:05 — 👍 4    🔁 0    💬 0    📌 0

Negative 10-year swap spreads.

As global government bond supply increases and central banks have stopped buying, government bonds are **cheap** relative to equivalent instruments. Market participants prefer a synthetic Treasury position relative to a cash position.
bis.org/publ/qtrpdf/...

20.12.2024 16:31 — 👍 3    🔁 0    💬 0    📌 0

Microeconomics is the study of two agents interacting, while macroeconomics is the study of one agent interacting.

19.12.2024 05:54 — 👍 165    🔁 15    💬 10    📌 7