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The front end of the US and Germany:p

For those who expect inflation to win over debt concerns, the real test will come when Spain needs a bailout and Germany pays for most of it, the figures are just insane. I dont believe the direction of Bunds prices will be up once the market realizes this(it would be up a lot if Spain were...

Well, 3m commercial paper rates have been drifting up, both for Nonfinancial http://www.federalreserve.gov/releases/h15/data/Weekly_Friday_/H15_NFCP_M3.txt and Financial companies http://www.federalreserve.gov/releases/h15/data/Weekly_Friday_/H15_FCP_M3.txt The financial side is up about...

That would explain a lot of things. However if you were a US bank lending in london to an European bank, wouldn't it make sense for you to reprice your rate a little higher to take into account the higher risks(with the ongoing EU meltdown and all) even though the bank you are lending to has ECB...

Tell me something, you really expect this global debt crisis to be solved within months(as opposed to years) or you dont antecipate one at all?Remember Keynes beauty contest, it doesnt matter what is true but what people think it is, the banks are the ones holding a ton of sovereign debt, if you...

GEM0 is down 2bps in my screen

Another day another decline in the EUR and Jun 2010 Eurodollars

Macroman raises the possibility of some major libor blowup http://macro-man.blogspot.com/2010/05/bread-and-butter.html As far as his comments "Yesterday's ISM was pretty impressive. True, a lot of the strength was "in the price" via the consensus forecast, but even that was exceeded. New...

Bidding war? http://www.bloomberg.com/apps/news?pid=20601087&sid=a5SObkJu.E2I&pos=5

General Growth Says Received ‘Whole Company’ Offer From Simon http://www.bloomberg.com/apps/news?pid=20601087&sid=aAyuhKelEP2M&pos=5 Probably a good deal higher than $15 a share

Good luck there, its not a matter of fear of a 'lasting' increase in the spread, its a matter of a sporatic increase there in the day of the settlement. This european crisis wont be over because of liquidity support and a promise of fiscal reform in a single country. Lets say Portugal blows up...

Apparently you conveniently missed the part where I pointed sources showing the bank ratings affect their collateral requirements with private sources, furthermore the market of value of the debt also affects that and people sell bonds when they get downgraded. The sovereign rating affects the...

You need to re-read my post, I said INFERIOR liquidity

I doubt he would be on the eurodollar calls given its inferior liquidity so I bet your information is correct. Good call on the ECB

Martinghoul said the dude blew up in 2008

Looks like the Jun GE is decoupling big time from ZQs, siva joty galore. I dont believe I'm coming back there anytime soon

Martin, Is this updated?It seems to differ from the Fed Senior Survey which is just about to start showing net easing Perhaps the difference is that the Fed Survey has a bigger large businesses component and this one is more consumer, small business related?

"Inventories contributed 1.57 percentage points to GDP, less than half the contribution in the last three months of 2009 when businesses became less aggressive in clearing their warehouses." Looks like the time for flashy headlines on GDP reports is coming to an end. At the end of the day...

Judging by the last 3 Qs of GDP final sales and the employment growth(more like lack of growth) during this 'recovery'. I would say El-Erian and Gross are correct with regards to the 'new normal'

GDP Report "Excluding inventories the economy expanded at a 1.6 percent rate following a 1.7 percent pace in the fourth quarter." This economy is weak "The central bank’s preferred price gauge, which is tied to consumer spending and strips out food and energy costs, rose at a 0.6...