I have twitted often about the importance of the shape of the 2-10 yield curve, and there is no lack of financial and fintwit commentary on its ramifications.
Great writeup -- it's always the liquidity transformation dependent on short-term paper that seems to get us. Any idea how much issuance you'd like to see to feel comfortable? And anywhere you'd track on bbg / elsewhere?
Very interesting. Thank you for the insights and education in to how credit markets work.
Great writeup -- it's always the liquidity transformation dependent on short-term paper that seems to get us. Any idea how much issuance you'd like to see to feel comfortable? And anywhere you'd track on bbg / elsewhere?