A look at what the debt ceiling means for money markets — think less about “extraordinary measures,” and more about the Treasury’s cash balance.
By: Alexandra Scaggs
A (permanently pessimistic) prognosticator is worried that the bond market isn’t ready for an accelerating pace of Federal Reserve rate hikes.
It’s less important to introduce century bonds than to measure duration correctly and fill out the belly, writes Winthrop T Smith.
By: Guest writer
It might take a few months, but things will eventually calm down, Wells Fargo analysts say.
We resist the (strong) temptation to get too abstract in this one, because there are technical questions about how an ultra-long US Treasury bond would be issued.
Trust is perhaps the most important quality of rich countries. We investigate what that might (or might not) have to do with a country’s ability to borrow.
The d— ceiling could soon start looming over money markets yet again if the Democrats don’t sweep the House and Senate. (Why won’t it just die?)