The Banking and Strategy Initiative

Chillin' out till it needs to be funded

Tag Archives: United States Department of the Treasury

The Thursday Fed Update: That rate keeps trending down, Budget Surplus and a Dimon induced spiral – US Economy (Thursday EoD Review)

Someone must be happy we are paying only 3% interest on 30 Y US debt but it is all getting too close to call a bad year for 2013 or a … Continue reading

May 10, 2012

US Economy (EoD Review) : Crude build continued, 30 year yield shoots up to 3.38% (Auction)

A Hurrah for the going away of Daylight Savings as now the EOD review of Economic Data can come to you near market closing on most days. Especially on dull … Continue reading

March 14, 2012

AIG Sale begins: Treasury sells $6 bln of AIG holdings | Crisis Insight

AIG will be buying back $3 bln of it with cash it garnered from other sales and the AIG profit of Maidenlane Securities sales also likely to be added back … Continue reading

March 7, 2012

US Economy (EoD Review) : China not to blame for downtick in US Treasury yields!

China has reduced its holdings in US Treasury from 74% in 2006 to  54% currently 9 of its managed reserves0, and of course the unwinding process was widely flagged in … Continue reading

March 1, 2012

US Economy: Yields recover in 10-Y US Treasury auctions

Even as the market responded well to the increasing size of auctions in both the 3 yr and 10 yr Treasuries, with cover ratios past 3 in both, yields also … Continue reading

February 8, 2012 · 4 Comments

US Economy: The US Treasury Auction week: The 7 yr note auction update

To reiterate, today’s auctions marked the end of a very short week of seven back to back $30 bln auctions which went like a breeze for the Fed , dealers … Continue reading

December 21, 2011 · 1 Comment

US Economy: The US Treasury Auction series: The 30-Y Bond flies through, dangerously low

While the store sales Index from Goldman Sachs had gloom on offer, already omnipresent.. the housing indices offer hopium(Thanks Zero @zerohedge)  ( if you can believe in QE3, you will … Continue reading

December 14, 2011 · 1 Comment

US Economy: The US Treasury Auction series: 10-Y US Treasury complete for $21 bln

After an impaired Bid cover ratio of 2.86 in October ( 2.86 times bidders value as auctioned amount) and worse 2.54 in November, this month the sensitive 10 year treasuries … Continue reading

December 13, 2011 · 8 Comments

The math of being broke III – The S&P problem with Debt projections

The agency S&P shared its preliminary rating with the Capitol on Friday where the Treasury showed it a deficit lower by $2 tln and S&P admitted to the mistakes which … Continue reading

August 6, 2011 · 2 Comments

Are you shorting US Treasuries just yet?| Advantage Research

Also, rising interest rates need a reason to rise above 0 The global carry trade has had favorites. most know it to be long yen short dollar. then in 2008 … Continue reading

May 11, 2011 · 1 Comment