Macro

Dollar stablecoins could improve FX access but amplify currency runs: IMF paper - TradingView

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DW NOTE

The IMF has noticed that dollar stablecoins let people exit weak currencies faster than they could queue at a physical bureau de change. They call this "amplifying currency runs." It used to be called market discipline.

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QUESTION: Marty, Bessent is plainly no trader. As you’ve pointed out, he’s spent far too long in the company of market manipulators. I remember your warning that rolling debt into shorter maturities only deepens future fragility. And as you put it, it’s Groundhog Day on repeat. So the question is: d

10-Year Yield Hits Multi-Year High, Long Bond Tops 5.3 Percent, Oil Surges

It's not a good day in the markets, Here's a recap.

Dollar stablecoins could improve FX access but amplify currency runs: IMF paper - TradingView

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10-Year Yield Hits Multi-Year High, Long Bond Tops 5.3 Percent, Oil Surges