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GOING PRO
slightly ahead of schedule + book announcement
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Concoda
7
Macro Brief
big-picture macro and geopolitics
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Concoda
Money Market Brief
repo volumes soar to new highs, while RRP drain is likely to come from MMFs funding leveraged investors (if SOFR > ON/RRP) and buying "TGA refill" bills…
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Concoda
2
May 2023
Macro Brief
Big-picture macro and geopolitics
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Concoda
Money Market Update
as the debt limit deal looms, SOFR moves above ON/RRP, meaning markets are dictating repo rates, and we'll likely see more RRP drain, as MMFs fund…
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Concoda
The Treasury's Gambit
Monetary leaders' unconventional toolbox is about to expand
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Concoda
4
Latest Thread Just Dropped
Introducing Treasury QE™
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Concoda
3
Macro Brief
Sneak peek chart: The entire Treasury market(s) visualized…
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Concoda
Money Market Update
As the much-hyped "X-date" approaches, the TGA continues its decline along with the debt ceiling headroom from extraordinary measures. Still, minus…
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Concoda
Macro Brief
Big-picture macro and geopolitics
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Concoda
Money Market Update
SOFR (repo rates) fall, paying the same rate as the RRP. Secured lending volumes have peaked for now, partly because SOFR equaling RRP means no premium…
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Concoda
9
Signed Ceiled and Delivered
How markets will force leaders to expand America's debt load
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Concoda
3
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