Tsunami of issuance meets Fed QT, Skittish Foreign Buyers, and US buyers demanding to be compensated for the risks of out-of-control deficits in an inflationary environment.
Recent Items
Saturday, October 12, 2024
Wolf Richter: Why Longer-Dated Treasury Yields Spiked. It’s Not Magic: Yield Solves All Demand Problems
Topics: Federal Reserve, Macroeconomic policy
Posted by Lambert Strether at 6:50 am | 33 Comments »
Israel Intends to Make Gaza Uninhabitable by Cutting Power Permanently
Israel is now making no bones about the fact that it intends to make it impossible for humans, as in Palestinians, to live in Gaza.
Topics: Doomsday scenarios, Media watch, Middle East, Politics
Posted by Yves Smith at 7:40 am | 140 Comments »
Links 10/21/2023
Topics: Links
Posted by Yves Smith at 6:55 am | 183 Comments »
India Expected To Reject Russian Demand To Pay For Oil In Chinese Yuan
As we warned, bilateral trade, here to avoid using the dollar, is messy. Russia is balking at taking more Indian rupees in payment for oil.
Topics: Currencies, Energy markets, Globalization, Guest Post, India, Russia
Posted by Yves Smith at 6:13 am | 42 Comments »
2:00PM Water Cooler 10/20/2023
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 104 Comments »
Russia, China Unite Against US Empire
Michael Hudson on China’s wobbles, Russia-China cooperation, the revolt against colonialism and neoliberalism, and the conflict in Gaza.
Topics: Banking industry, China, Doomsday scenarios, Economic fundamentals, Free markets and their discontents, Globalization, Guest Post, Infrastructure, Middle East, Politics, Real estate, Russia, The dismal science
Posted by Yves Smith at 9:55 am | 40 Comments »
Links 10/20/2023
Topics: Links
Posted by Yves Smith at 6:55 am | 190 Comments »
More Good News for Cash in Europe, More Bad News for Digital Dollar in US
Recent developments suggest the trend away from cash and toward central bank digital currencies (CBDCs) may not be quite as smooth as some may have wished.
Topics: Guest Post
Posted by Nick Corbishley at 6:45 am | 10 Comments »
The Explosion of Israel’s Formaldehyde Strategy in Gaza
There can be no peace in Palestine without justice, which means Israel’s policy of disengagement, brutal apartheid, and occupation must end.
Topics: Doomsday scenarios, Guest Post, Middle East, Politics, Social policy
Posted by Yves Smith at 5:33 am | 34 Comments »
The Need to Disarm the Discourse on China
On US escalation versus China, particularly on the PR front.
Topics: China, Doomsday scenarios, Economic fundamentals, Guest Post, Media watch, Politics, Social policy
Posted by Yves Smith at 5:00 am | 19 Comments »
2:00PM Water Cooler 10/19/2023
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 82 Comments »
The British Roots of the Conflict in Palestine
How the British set up and fed strife between Israeli and Palestine.
Topics: Doomsday scenarios, Guest Post, Middle East, Politics, UK
Posted by Yves Smith at 10:50 am | 92 Comments »
Links 10/19/2023
Topics: Guest Post, Links
Posted by Lambert Strether at 6:58 am | 212 Comments »
WSJ’s Greg Ip Discusses China Crisis Risk
Fed whisperer Greg Ip expresses cautious concern about China, based on the latest IMF forecasts.
Topics: Banking industry, China, Economic fundamentals, Real estate, The dismal science
Posted by Yves Smith at 5:40 am | 17 Comments »
30-Year Treasury Yield Spikes Past 5%, 30-Year Mortgage Rates Hit 8%, Mortgage Applications Plunge
Treasury bond bloodbath, housing Market in deep-freeze, as delusions fade.
Topics: Banking industry, Credit markets, Federal Reserve, Guest Post, Investment outlook, Real estate
Posted by Yves Smith at 4:33 am | 37 Comments »