Archive - Jun 20, 2009 - Story
Treasuries Still At Negative Repo Rates
Submitted by Tyler Durden on 06/20/2009 17:22 -0500Lots of queries lately as to why 10 years (and other bonds on the curve) are still at markedly negative repo rates: i.e. the phenomenon of negative interest for lenders. This is an interesting topic which I will touch on again soon, especially with recently implemented 300 bps fees for delivery fails. Across The Curve has discussed this issue recently and I point to his post for a good primer.
Saturday Readings
Submitted by Tyler Durden on 06/20/2009 15:25 -0500- Steve Jobs had a liver transplant 2 months ago (WSJ)
- Iran's political turmoil creates dilemma for Obama at home and overseas (Bloomberg)
- Cutting the Gordian Knot of GE Theory (AxiomaticEconomics)
- The Plaza stirs with 30 For Sale listings for a total of $250 million (
Zero Hedge Radio
Submitted by Tyler Durden on 06/20/2009 04:01 -05001am. Saturday morning. Why not?
