Trading in the one-month, three-month basis highlights the market’s preference for Libor
Policy inaction could halt benchmarks’ normalisation, BoE biennial exploratory scenario finds
Some hedge funds believe popular bets on rise in US inflation have run out of steam
Stimulus unwind, Covid nationalism and regime changes spell volatile operating environment
The growth of stablecoins could reduce the supply of safe collateral available to markets
Traders signal shift to currency strategies, but is it passing fad or permanent fixture?
The authors analyze the role of monetary policy uncertainty in predicting jumps in nine advanced equity markets.
International announcements and West Texas Intermediate crude oil futures: a case study on the 2008 global financial crisis
The authors examine the impact of international monetary policy and professionals' announcements on West Texas Intermediate crude oil futures.
Incorporating collateral efficiency into IS-LM model reveals side-effects of QE
BBB yield-to-worst spirals as highly-rated bonds recover after central bank and government intervention
Traders split on whether virus impact, or central bank responses, will prove most powerful
Does the cultural and demographic experience of Japan apply to a heterogeneous grouping of nations that have no common monetary policy or a unified social outlook?
Overnight index swaps made up 31.5% of daily average turnover in April
For the past 30 years, emerging markets have provided return enhancement and risk diversification opportunities for global equity investors. The opening of the domestic Chinese capital market and its integration into international markets is likely to…
Widening risk imbalances between eurozone member states threaten monetary union, says Italian regulator
Harshest of three ideas to shift market to Sonia would largely ban Libor collateral from its market ops
A panel of experts explores how greater collaboration between risk and finance teams can garner significant benefits and add value, how technological innovation is making the regulatory landscape more complicated to navigate and produce transformative…
‘Overnight standing repo facility’ could stop year-end rate spikes, and extend Fed’s reach
This paper studies the microstructure of the short-term uncollateralized Danish interbank market before, during and after the financial crisis, and into an era of negative interest rates.
Empirical assessments of the Reserve Bank of India’s policy measures on payment and settlement systems in India
This paper empirically evaluates the effects of policy measures used by the Reserve Bank of India (RBI) on interbank payment and settlement systems in that country.
Thirty-plus basis point divergence recorded in first three months of 2018
The financial system can operate efficiently with $500 billion or less in reserves after normalisation
Monetary policy and bank regulations contribute to widening US wealth gap