Elsewhere on Tuesday,
- The bonds of August.
- The AAA is dead, all hail the AAA.
- HFT is “just volume“, not liquidity.
- The risks of ETF securities lending.
- Understanding the budget deficits.
- Default in a liquidity trap (it could be good).
- Modelling hedge fund risks like the moon.
- Apartment shopping in Hong Kong.
- The News of the World infographic.
- Further, further reading.