Friday, 20 November 2015

As We Approach the 150th Anniversary of The Publication of "Alice's Adventures in Wonderland": Izabella Kaminska on Bank Funding

The actual date of the sesquicentennial (of the second printing, the history is a bit convoluted, see below) is November 26th, the same date upon which Thanksgiving Day falls in the U.S. so I won't be here.
(it's all about me)
From FT Alphaville:

When unsecured is cheaper than secured borrowing

A strange thing is happening in money markets: the cost of borrowing
unsecured wholesale funds is

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