behind the scenes at a Treasury-market-fragility party a coalition of the concerned

A very good set of musings on the US Treasury market from @marychilds.bsky.social

“Everyone is worried about the basis trade”
Check this great article in hedge funds by Paul.
Among other things it uses an update to our article www.bis.org/publ/qtrpdf/... (check update here: papers.ssrn.com/sol3/papers....), linking MMF to hedge funds’ basis trade through sponsored repo 1/

Attending Central Bank Conference on the Microstructure of Financial Markets at the Banco de Mexico. Excellent papers and venue.

Why investors become bearish when the weather gets gloomy Evidence shows that weather influences investing choices. Can acting on that knowledge lead to better returns?

This article in the Globe and Mail discusses seasonal influences on financial markets, including work by my co-authors and me on seasonal depression, risk aversion, and equity returns

www.theglobeandmail.com/business/rob...