Treasury 2s/10s spread (closed today -97bps) plotted against @Bloomberg Financial Conditions (inverted) shows a clear relationship. @StoneX_Official rates team points out that easy financial conditions prevents a return to 2% inflation and hence rates must either: Read on...
THE CELSIUS BLOWUP, EXPLAINED.
Huge sectors of crypto are imploding, and crypto unicorns might be coming down with it.
Luna was first, but now $10b giant Celsius is facing insolvency and even bankruptcy.
Let's dive in:
From lending & borrowing to stablecoins, #Chainlink users are bringing a wide range of #DeFi use cases to leading #blockchains & layer-2 networks.
Here's a snapshot of dApps, services, data providers, & node operators across the ecosystem that are using Chainlink to power DeFi.
Digital asset investment products saw outflows totalling a weekly record of $207m. This follows the outflows that began mid-December and the 4-week run now totals $465m.
https://t.co/sW6fXOZnLH
One of the arguments being made for rushing to reopen, never mind the epidemiology, is that workers are desperate. And without question the lockdown has inflicted huge economic pain. But one thing I hardly ever see mentioned is how much aid the unemployed are getting 1/
U.S. Fed Chair Jerome Powell delivered a word of warning as parts of the U.S. economy began to reopen and urged for more fiscal spending https://t.co/6N9Er6BQzx
*IN A HISTORIC MILESTONE, THE FEDERAL RESERVE WILL START BUYING CORPORATE-BOND ETFS ON TUESDAY
*ASSET MANAGEMENT GIANT BLACKROCK WILL BE RUNNING THE PROGRAM
"Don't ask me, ask China that question, okay?"
Trump abruptly ended today's press briefing after an exchange with Weija Jiang, a reporter for CBS News who was born in China, asked why he views testing as a "global competition"