What is driving the US bond market lower? #China ? Daily Chinese #economic momentum skidding pic.twitter.com/oEY6YQOe7s ask act@liquidity.com for reports
— CrossBorder Capital (@crossbordercap) July 12, 2021
RRP collateral cannot be repledged, so its not even really boosting effective (read: reusable) collateral in the system anyway. The OFR collects some data showing the RRP facility is 95% MMFs.
— Maroon_Macro (@Maroon_Macro) July 12, 2021
Bank earnings this week (JPM tomorrow) are expected to be lackluster. Among the factors weighing on earnings are falling bond yields and SPAC implosion.
Another key factor is collapsed market volumes in Q2. The irony can't be overlooked.t.co/JkOGO7tu6w pic.twitter.com/MmUjgQtB9J
— Mac10 (@SuburbanDrone) July 12, 2021
this is why #bonds are rallying… its not the tighter #Fed its the skidding #economy pic.twitter.com/MjGBCFfyhC
sign up via act@liquidity.com— CrossBorder Capital (@crossbordercap) July 12, 2021
Latest track of World #QE #liquidity pic.twitter.com/dI2R42Ixva
— CrossBorder Capital (@crossbordercap) July 12, 2021