Six Strange Things That Have Been Happening in Financial Markets
Negative swap spreads, fractured repo rates, big moves, and much more.
An Inside Look at Some Strange Wall Street Charts
This article is for subscribers only.
"May you live in interesting times" is sometimes said to be an ancient Chinese curse.
Interesting things have certainly been happening in the underpinnings of global markets—things that either run counter to long-standing financial logic, or represent an unusual dislocation in the "normal" state of market affairs, or were once rare occurrences but have been happening with increasing frequency.