Is It Time to MAT the Entire Curve? (part 2)
Picking up from last week, I am still wondering if we need to MAT the entire interest rate curve. We’ve addressed transparency. We’ve addressed systemic risk. What are SEF’s all about? My belief is that the G20 and Dodd Frank want to address “fairness”. There is a perception of an unequal playing field, and the […]
ECB September Meeting – Activity versus Price Indicators
Guest Blog Series Wow, the ECB meeting this week is an important one. It’s not immediately apparent, but when you look into the details of recent monetary policy announcements, this looks like the last chance the ECB has to cut rates until early 2015. Why? It all has to do with the structure of the new liquidity-providing […]