Posts Tagged ‘bond market’

The Bond Market Won’t Allow An End To QE Any Time Soon

A couple of days ago I linked to this article which suggested that were Hayek alive today he might well counsel to proceed with caution in its use of unconventional policies, e.g. QE. The gist of the piece was that economists, indeed all social scientists, tend to certitude based on quantitative models which are anything [...]

Share

The Two Year Note Is Well Received But Rates Are Still Climbing

The two year note auction went off without a hitch today. John Jansen at Across the Curve notes that 54% of the issue was subscribed to by central banks. He then asks if these guys are going to show up for the 5 and 7 year auctions tomorrow and Thursday. Central banks bought over 54 [...]

Share