Four points from the August RBA meeting
The RBA eschewed the signal-value of reversing the taper. My hunch is that they are worried about their market footprint and housing.
Tag: Bonds
The regulatory bond-bid (+ bank funding)
In my recent post regarding central bank balance sheet operations and bond market term premium (see how QE works), there’s a
How QE works …
The BIS has just published a paper which traces the main path through which QE works to stimulate the economy.
FOMC lays out exit strategy
The WSJ’s incomparable Jon Hilsenrath has the scoop on the FOMC’s exit strategy. It looks like Bullard has won the
Bernanke on 10yr yields
Bernanke gave a speech on long term rates on 1 March. In it, he provided the above forecast track for
