Derivatives markets regulation: Unintended consequences | The Economist
Derivatives markets regulation: Unintended consequences | The Economist
Transforming risky assets into collateral, because of a shortage of pristine collateral, has been a common theme of mine. This article is from a few years back, but things have gotten worse. The Fed must unload the pristine collateral it has on its balance sheet, or risk causing a financial implosion because it has cornered the market on bonds needed for good. collateral!
Transforming risky assets into collateral, because of a shortage of pristine collateral, has been a common theme of mine. This article is from a few years back, but things have gotten worse. The Fed must unload the pristine collateral it has on its balance sheet, or risk causing a financial implosion because it has cornered the market on bonds needed for good. collateral!
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