Repos Fails
U.S. Treasury Securities:
to receive:$2.5 trillion
to deliver: $2.3 trillion
The Fed also failed to deliver the H.4.1 so far…
U.S. Treasury Securities:
to receive:$2.5 trillion
to deliver: $2.3 trillion
The Fed also failed to deliver the H.4.1 so far…
At "A Dash" we are delighted with the early response to our "truthiness" inquiry. There are several excellent suggestions for ...
[Link]This CDS report was written by Markit's Gavan Nolan We're in danger of record fatigue here in the credit markets. ... [Link]
Most creditors believe that the debtor needs to take the lead in addressing their own problems. China is, apparently, no different. ...
[Link]Super Senioritis
I’ve been perusing the finance blogs lately and I’ve noticed a recent obsession with Synthetic CDOs, specifically the super senior ...
[Link]
Harvard is planning for a 30% decline in value of its endowment. (WSJ.com also Market Movers, Marketwatch.com)
The world of ...
[Link]
Corporate bonds are trading quite heavy today. The IG 11 is 275/278 which is about 16 wider on the day.Participants cite ...
[Link]
Yesterday, I was contacted by UrbanDigs, one of my regular readers, and he asked:
UrbanDigs Says:
[Link]Seamus Milne says it’s time to fully nationalize the banks. Leaving ideology aside, it’s not obvious that this is a ... [Link]
Reader Dennis Mangan emails asking how and where firms post collateral in the CDS market. It's a good question, and the ...
[Link]Difficilement, d'après Martin Feldstein. Il en sortira renforcé, d'après Barry Eichengreen.... [Link]
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October 9th, 2008 at 5:49 pm
That’s not good… I’m watching for the H.4.1 myself….
October 9th, 2008 at 5:53 pm
The TSLF was a disaster…305 stop,minimum bid 25
October 9th, 2008 at 5:58 pm
Oh, and a big russian bank, KIT Finans was sold for 2.80 euros, KIT are the initials for “creative investment technologies” in russian i am told.
October 9th, 2008 at 6:47 pm
Is the H.4 report out yet? Bloomberg is reporting that “FED RELEASES DELAYED LOAN FIGURES TO BANKS, BOND DEALERS,” and gives some bits of data, but not the whole report. The H.4.1 page isn’t refreshing for me now, but other pages do… weird. If the report has been handed out privately, and isn’t going to be posted at the Fed website, could anyone reading this who has it forward a copy to me? Thanks.
http://alephblog.com/contact-us/
October 9th, 2008 at 9:17 pm
The H.4.1 report is out, and it doesn’t look *that* bad. Sorry for sounding worried.
October 10th, 2008 at 2:18 am
thx. indeed not *that* bad.
October 10th, 2008 at 8:22 am
Where can I find the fail report again?
October 10th, 2008 at 8:44 am
http://www.newyorkfed.org/markets/statistics/deal.pdf
I don’t link because it’s not static, i.e. last reporting week at the address above.