Global bonds have lost in value $6.4 trillion since ATH in summer 2021… and this is nominal return measured in fiat… the real return is much worse… April 18, 2022 4:10 pm
Mortgage Rates in the U.S. Soar to the Highest Since March 2020 (3.45% Nominal Rate, -3.59% REAL Rate) January 13, 2022 5:07 pm
Quarterly bank OCC report: Total Swaps jumped by $10T of nominal value in 2021 after being flat for the last 5 years. GS still leveraged 136:1 on their nominal derivatives, but was reduced. Top 5 increased their swaps by ~$1T each. Top 4 added $200B in short term Equity Derivatives alone. November 4, 2021 9:44 pm
The price is wrong on EVERYTHING. Fed admitting to remove data from their nominal yield curve model because some “there were large and persistent fails-to-deliver” on some notes. October 15, 2021 9:30 pm
This feels like a much better proxy for overall American mood than the nominal indices. January 4, 2019 10:17 am
