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The German Bund Question In Greek

  With Germany’s bond market spooking fixed income all over the world, every rate system has fallen under increasing suspicion. US rates seemed …

The Grexit and Danger of Systemic Risk

The risk of Grexit continues to loom over the Eurozone. While both sides face intense internal political pressures, Eurozone leaders are unlikely to …

Dollar Firmer But Going Nowhere Quickly

The US dollar has begun the new week on firm footing, but the tone is more consolidative than trending.  The dollar-bloc currencies, led …

Greece Wrestles with Itself

The change in the Greek negotiating team appears to have helped reinvigorate the talks with the official creditors.  However, insufficient progress has been …

Bond Rout Continues, Euro Marches Higher

  The euro pullback spurred by the Federal Reserve statement that continued to regard the slowdown as having to been partly caused by …

How Many Ways A Greek Default?

What was once anathema has become conventional wisdom, and lately the only question when discussing the fate of Greece is not if but when it will default. …

Dollar Remains Under Pressure ahead of FOMC

The US dollar has yet to stabilize against the euro and sterling, although it has steadied against the dollar-bloc currencies and yen. The …

Varoufakis Demoted in Reshuffle of Greece’s Negotiating Team

The Eurogroup meeting before the weekend was particularly acrimonious.  Greek Finance Minister Varoufakis was isolated and demonized.

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