{"id":381566,"date":"2010-03-02T18:55:07","date_gmt":"2010-03-02T23:55:07","guid":{"rendered":"http:\/\/mortgagenewsclips.com\/2010\/03\/02\/markets-related-t-bills-repos-china-and-bonds-china-and-gold-euro-bets-lessons-not-learned-hangover\/"},"modified":"2010-03-02T18:55:07","modified_gmt":"2010-03-02T23:55:07","slug":"markets-related-t-bills-repos-china-and-bonds-china-and-gold-euro-bets-lessons-not-learned-hangover","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/381566","title":{"rendered":"Markets Related: T-Bills, Repos, China and Bonds, China and Gold, Euro Bets, Lessons Not Learned, Hangover"},"content":{"rendered":"<p><a href=\"http:\/\/billcoppedge.com\/\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"bill-coppedge-dec09-1\" border=\"0\" alt=\"bill-coppedge-dec09-1\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/billcoppedgedec0912.jpg\" width=\"82\" height=\"122\" \/><\/a> <a href=\"http:\/\/mortgagenewsclips.com\/\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"original content selection by MortgageNewsClips.com\" border=\"0\" alt=\"original content selection by MortgageNewsClips.com\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/originalcontentselectionbyMortgageNewsClips.com2.jpg\" width=\"319\" height=\"67\" \/><\/a> <\/p>\n<p>&#160;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/gainspainscapital.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"gains-pains-capital\" border=\"0\" alt=\"gains-pains-capital\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/gainspainscapital_thumb.png\" width=\"319\" height=\"49\" \/><\/a> <\/p>\n<p><strong>4 week t-bill auction: Something VERY Strange Is Happening With Treasuries &#8211;<\/strong> Written by Graham Summers &#8211; <a href=\"http:\/\/www.gainspainscapital.com\/index.php?option=com_content&amp;view=article&amp;id=231:something-very-strange-is-happening-with-treasuries\">Gains, Pains, &amp; Capital<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/reutersfelixsalmon1.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"reuters-felix-salmon\" border=\"0\" alt=\"reuters-felix-salmon\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/reutersfelixsalmon_thumb1.png\" width=\"156\" height=\"52\" \/><\/a> <a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/reuters1.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"reuters\" border=\"0\" alt=\"reuters\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/reuters_thumb1.png\" width=\"150\" height=\"50\" \/><\/a> <\/p>\n<p><strong>The systemic risk of the repo system<\/strong> &#8211; Felix Salmon &#8211; Tyler Cowen has a copy of Gary Gorton\u2019s new paper, and likes it. The excerpt he gives us raises a serious point about fragilities in the banking system: <strong>banks fund themselves in the repo market so much that they need about $12 trillion of collateral just to keep ticking over. So if you implement a 20% haircut on repos, banks would need to raise $2 trillion, which is impossible<\/strong> &#8230; &#8211; <a href=\"http:\/\/blogs.reuters.com\/felix-salmon\/2010\/02\/23\/the-systemic-risk-of-the-repo-system\/\">Reuters Blogs<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/telegraph.gif\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"telegraph\" border=\"0\" alt=\"telegraph\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/telegraph_thumb.gif\" width=\"195\" height=\"43\" \/><\/a> <\/p>\n<p><strong>Concerns grow over China&#8217;s sale of US bonds<\/strong> &#8211; By Ambrose Evans-Pritchard &#8211; Evidence is mounting that Chinese sales of US Treasury bonds over recent months are <strong>intended as a warning shot to Washington<\/strong> over escalating political disputes rather than being part of a routine portfolio shift as thought at first. &#8211; <a href=\"http:\/\/www.telegraph.co.uk\/finance\/currency\/7300770\/Concerns-grow-over-Chinas-sale-of-US-bonds.html\">Telegraph.co.uk<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/zerohedge3.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"zerohedge\" border=\"0\" alt=\"zerohedge\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/zerohedge_thumb3.png\" width=\"218\" height=\"61\" \/><\/a> <\/p>\n<p><strong>Why China\u2019s Rumored IMF Gold Purchase, If True, Would Be of Huge Significance      <br \/><\/strong>Submitted by smartknowledgeu&#160; &#8211; <a href=\"http:\/\/www.zerohedge.com\/article\/why-china%E2%80%99s-rumored-imf-gold-purchase-if-true-would-be-huge-significance\">Zero Hedge<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/businessinsiderclusterstock.gif\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"business-insider-clusterstock\" border=\"0\" alt=\"business-insider-clusterstock\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/businessinsiderclusterstock_thumb.gif\" width=\"146\" height=\"68\" \/><\/a> <\/p>\n<p><strong>Big Hedge Funds Team Up To Bet Against Euro, Predict It Will Fall To Parity With The Greenback<\/strong> &#8211; Joe Weisenthal &#8211; &#8230;&#160; But then, you already know that anti-Euro sentiment has hid a wild extreme, and European leaders would love nothing more than to <a href=\"http:\/\/www.businessinsider.com\/careful-euro-bears-greece-will-try-to-hijack-you-next-week-2010-2\">pull a      <br \/>surprise stunt<\/a>&#160; that just crushes these guys. We know it&#8217;s coming. The question though is what it will be and when. &#8230; &#8211; <a href=\"http:\/\/www.businessinsider.com\/big-hedge-funds-team-up-to-bet-against-euro-predict-it-will-fall-to-parity-with-the-greenback-2010-2\">Clusterstock at Business Insider<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/prieur.jpg\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"prieur\" border=\"0\" alt=\"prieur\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/prieur_thumb.jpg\" width=\"331\" height=\"71\" \/><\/a> <\/p>\n<p><strong>has list &#8211; Montier: Was it all just a bad dream? Or, ten lessons not learnt<\/strong> &#8211; Posted by Prieur du Plessis &#8211; <a href=\"http:\/\/www.investmentpostcards.com\/2010\/02\/26\/was-it-all-just-a-bad-dream-or-ten-lessons-not-learnt\/\">Investment Postcards From Capetown<\/a> <\/p>\n<p>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/businessweek1.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"businessweek\" border=\"0\" alt=\"businessweek\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/businessweek_thumb1.png\" width=\"204\" height=\"45\" \/><\/a> <\/p>\n<p><strong>Debt: The Big Hangover Has Only Just Begun<\/strong> &#8211; By Frank Aquila -&#160; <strong>More than $1 trillion of high-yield debt will come due between now and 2015<\/strong>\u2014a big potential weight on the U.S. economic recovery \u2013 <a href=\"http:\/\/www.businessweek.com\/investor\/content\/feb2010\/pi20100222_355970.htm\">BusinessWeek<\/a>&#160; <br \/>&#8212;&#8212;&#8212;&#8212;<\/p>\n<p><a href=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/indexuniverse.png\"><img loading=\"lazy\" decoding=\"async\" style=\"border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px\" title=\"index-universe\" border=\"0\" alt=\"index-universe\" src=\"http:\/\/mortgagenewsclips.com\/wp-content\/uploads\/2010\/03\/indexuniverse_thumb.png\" width=\"200\" height=\"48\" \/><\/a> <\/p>\n<p><strong>excellent interview &#8211; Dennis Gartman: The Euro Is \u2018Doomed\u2019<\/strong> &#8211; Written by Lara Crigger &#8211; <a href=\"http:\/\/www.indexuniverse.com\/sections\/features\/7303-dennis-gartman-the-euro-is-doomed.html?Itemid=5\">IndexUniverse<\/a><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=reKNZu8SAqM:ri6q7T6SQ0Y:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=reKNZu8SAqM:ri6q7T6SQ0Y:D7DqB2pKExk\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=reKNZu8SAqM:ri6q7T6SQ0Y:D7DqB2pKExk\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=reKNZu8SAqM:ri6q7T6SQ0Y:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=reKNZu8SAqM:ri6q7T6SQ0Y:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?a=reKNZu8SAqM:ri6q7T6SQ0Y:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/mortgagenewsclips\/qTBe?i=reKNZu8SAqM:ri6q7T6SQ0Y:V_sGLiPBpWU\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/mortgagenewsclips\/qTBe\/~4\/reKNZu8SAqM\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#160; 4 week t-bill auction: Something VERY Strange Is Happening With Treasuries &#8211; Written by Graham Summers &#8211; Gains, Pains, &amp; Capital &#8212;&#8212;&#8212;&#8212; The systemic risk of the repo system &#8211; Felix Salmon &#8211; Tyler Cowen has a copy of Gary Gorton\u2019s new paper, and likes it. The excerpt he gives us raises a serious [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-381566","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/381566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=381566"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/381566\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=381566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=381566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=381566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}