FICC – MBS Alert! Ccertain Deterministic Risk Component items (Mark-to-Market items, cash obligation items and accrued principal and interest) from the Required Fund Deposit calculation to Cash Settlement, revise thresholds in the Intraday Mark-to-Market Charge, establish a new Intraday VaR Charge

by Dismal-Jellyfish Source (pdf) Smoothbrain take; Housing loans are treated as securities/assets. There are rules about how that works. They’re moving risky shit(calls/puts, loans/intrest) from ‘you just need a deposit’ to yall better have fucking cash. They’re also revising the every …

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Turkish Lira Weakens to Lowest Since 2021 Currency Meltdown

by Boo_Randy Becoming our own central banks by stacking the shiny is literally We the People’s only defense against our corrupt elites & criminal central bankers. https://www.bloomberg.com/news/articles/2022-05-24/turkish-lira-weakens-to-lowest-since-2021-currency-meltdown?srnd=premium-middle-east&sref=ibr3A0ff The Turkish lira weakened to a five-month low against the US dollar as …

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Ukraine war is deliberately going very slow because Russia is avoiding causing civilian casualties, says Russian Defense Minister Sergey Shoigu

The slowdown of Russia’s military operation in Ukraine is intentional with a view to evacuating the population and avoiding casualties among civilians, Russian Defense Minister Sergey Shoigu said on Tuesday. Russia’s Armed Forces are creating humanitarian corridors and announcing ceasefires …

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“I think a pause in September might make sense” – Atlanta Fed President Bostic on rate hikes

by FarrisAT https://www.reuters.com/markets/us/bostic-baseline-is-pause-rate-hikes-september-assess-impact-2022-05-23/ It “might make sense” for the Federal Reserve to pause further interest rate hikes following expected half-point rate increases over the next two months as the central bank assesses the impact on inflation and the economy, Atlanta Fed …

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