DTUL News and Press, Barclays Bank PLC ZC SP REDEEM 13/08/2020 USD 50 - Ser A 06740L469 From 02/08/19

The major economies have slowed suddenly in the last two or three months, prompting a change of tack in the monetary policies of central banks. The same old tired, failing inflationist responses are being lined up, despite the evidence that monetary easing has never stopped a credit crisis dev...

First, we appear to be moving quite rapidly in the direction of a "state money only" system (i.e. full reserve banking), if the above chart is any guide. The chart is from an article by Jo Michell entitled " Misunderstanding MMT" published by "Critical Macro Finance."(Incidentally, that's not...

Transcript Kathy Jones: We ended 2018 with a cautious outlook on the bond market. Our biggest concern was that the Federal Reserve's series of interest rate hikes would reduce demand for bonds, especially bonds in the riskier segments of the market, like high-yield bonds; but recent...

Posted by Rob Waldner, Chief Strategist and Head of Multi-Sector on Feb 6, 2019, in Fixed Income Invesco Fixed Income shares its views on rates around the world US: Neutral. In the near term, we expect Treasury yields to be stuck between better-than-expected growth and a do...

I'm late, I'm late. For a very important date. No time to say hello. Goodbye. I'm late, I'm late, I'm late. - The White Rabbit Former Federal Reserve Chair Janet Yellen stressed that the direction of the next policy move by the central bank should be driven by incoming economic data an...

First, it was Quantitative Easing. Then, it was Quantitative Tightening. Now, we are in Quantitative Hibernation. The hurrier I go, the behinder I get. - The White Rabbit The recent minutes of the FOMC may be summarized by the following: Fed removes reference to further gradual r...

There are three kinds of people: the haves, the have-nots, and the have-not-paid-for-what-they-haves." Earl Wilson The impact of QE When central banks buy Treasury debt, central bank reserves grow and, when that happens, base money supply increases. Money supply is an important driver ...

The latest FOMC statement and press conference certainly gave investors all they wanted to hear when it comes to Federal Reserve “flexibility,” which was a major issue in the 4Q-‘18 sell-off in the stock market. “Patiently awaiting greater clarity,” as Je...

By Alasdair Macleod The issuance of debt is normally subject to a contract that it will be repaid at the end of its term, along with the coupon interest. The exception is undated bonds, when only the interest contract must be fulfilled. In practice, governments and many corporations roll o...

Wake up America! It is only massive and unsustainable deficit spending that continues driving our economy forward. This is why the President's fixation on the stock market and not the real economy represented by Main Street does a great disservice to Americans. While Trump may have been correc...