Bull Stocks

🏦 Monetary plumbing observer | 🏴‍☠️ no risk, no story

[Bull Stocks @BullStockss]

https://t.co/rVCWCUwXwz

[Daniel Baeza @dbaeza13]

Como no tengo canal YouTube propio, varios me han pedido un listado de todas mis participaciones en canales amigos.

Cada nueva participación la agregaré a este Playlist.

https://t.co/e6hqozHUoa

[Bull Stocks @BullStockss]

@dbaeza13 Grande Daniel! un placer haber participado en un par de ellos contigo.

[Brent aka Blacklion @BlacklionCTA]

TGCR trading at the lower bound - RRP Offer. This is happening because GSE's are deploying cash into REPO this week, Treasury has spent down TGA post tax-day, and the Fed's RMP. GSE cash will leave leave next week and Treasury is increasing TBill and CMB's lifting this rate. cc @ScottSkyrm @KastoRepo

[Scott Skyrm @ScottSkyrm]

It looks like the soft REPO funding bottomed. The big move should occur on Tuesday when the GSE cash leave the market and the $140 billion net new issuance begins for the week

[Conks @conksresearch]

*taps sign*

[CME Group Interest Rates @Interest_Rates]

#SOFR M6M7 spread hits 40 bps.

The spread between Jun26 and Jun27 SOFR futures has risen over 92 bps since late Feb, as inflation concerns have fueled a dramatic shift in market expectations from cuts to hikes.

[Scott Skyrm @ScottSkyrm]

Repo GC continues to move lower. I attribute it to Treasury paydowns, hangover from the late April collateral shortage, and some fundamental factor which added cash to the market. It's a toss up going forward

[Bull Stocks @BullStockss]

(SOFR-IORB) El mercado monetario está inundado de efectivo.

[Derivatives Don @DerivativesDon]

Anyone who wants to blame Japan for US rates should think long and hard about this graph

The first thing they would/are selling on the back of intervention or to support real demand destruction from oil will be short duration USTs

Clearly plenty of willing buyers.

[Bull Stocks @BullStockss]

Una curva desinvertida es coherente para el negocio bancario y seguramente sea uno de los objetivos

ya que los bancos se financian a corto plazo y prestan a largo

cuando el spread largo–corto se amplía, mejora el margen de intermediación.

[Conks @conksresearch]

“raise yields on sovereign debt globally to trigger numerous ‘since 2007’ posts but don't cause a crisis”

[Conks @conksresearch]

new sub post just dropped: Statecraft and the TGA

a Treasury-Fed plumbing accord https://t.co/ziidiDiqgw

[Bull Stocks @BullStockss]

@DLeyguarda que hace un trader de chicharros perdiendo el tiempo en el gym?

[Bull Stocks @BullStockss]

@conksresearch @ChadSteingraber

[Bull Stocks @BullStockss]

@agnostoxxx

[Bull Stocks @BullStockss]

@agnostoxxx

[Conks @conksresearch]

new plumbing notes just dropped

The Warsh Prelude https://t.co/aH8Z48AJO5

[Kim Dotcom @KimDotcom]

"We’re like pirates."
- Trump