FAST FIVE: There Is Now A Treasury Shortage

There were zero submissions of either Treasury, Agency of MBS securities by Dealers who appear to have run out of securities, or are unwilling to pledge to the Fed. As the name suggests, this is the opposite of repo, where instead of borrowing cash from the Fed in exchange for Read more…

FAST FIVE: Large-Scale "Internet Rationing" Possible, Experts Warn

Large-Scale “Internet Rationing” Possible, Experts Warn Netflix app downloads have exploded across Europe over the last several weeks as  “Netflix and chill” “Netflix and quarantine” has been all the rage during countrywide lockdowns in Italy, France, Spain, and the UK.  netflix and self-quarantine. – maura quint (@behindyourback) March 9, 2020 We noted last Thursday that Read more…