h*******7
发帖数: 1481 | 1 现在大机构持有大量Cash，Deposit 到Bank，今天已经有银行开始要Charge Fee了。
Short-Term Yields Going Negative As BoNY Announces It Will Charge 13 bps Fee
On Deposits
The stunner in this morning's newsflow (the long, long overdue market
collapse which is a much needed catalyst for QE3 should not surprise anyone)
, comes out of the WSJ which has just reported that the Bank of New York has
informed institutional clients it will begin charging a fee of 13 bps on
deposits in excess of 110% of the client's monthly average. This is nothing
short of outright terrorism to get everyone out of cash and into fiat-based
ponzi products. Such as Short Term Bills. Indeed, as was reported earlier
the 3 Month bill just hit zero. But you ain't seen nothing yet. As Credit
Suisse strategist Ira Jersey reports, courtesy of Bloomberg, "If this is
true then we’re likely to see short-end interest rates actually go negative
. By what degree depends on who else follows and how much money is involved.
" Cue unpredictable consequences of a totally broken bond market. What
happens next will likely make the market dislocations following Lehman like
a breezy walk in the park | y***e
发帖数: 6082 | 2 已经晚了，我们这农村信用社都从1.5降到了1。。。。。。
现在大机构持有大量Cash，Deposit 到Bank，今天已经有银行开始要Charge Fee了。
Short-Term Yields Going Negative As BoNY Announces It Will Charge 13 bps Fee
On Deposits
The stunner in this morning's newsflow (the long, long overdue market
collapse which is a much needed catalyst for QE3 should not surprise anyone)
, comes out of the WSJ which has just reported that the Bank of New York has
informed institutional clients it will begin charging a fee of 13 bps on
deposits in excess of 110% of the client's monthly average. This is nothing
short of outright terrorism to get everyone out of cash and into fiat-based
ponzi products. Such as Short Term Bills. Indeed, as was reported earlier
the 3 Month bill just hit zero. But you ain't seen nothing yet. As Credit
Suisse strategist Ira Jersey reports, courtesy of Bloomberg, "If this is
true then we’re likely to see short-end interest rates actually go negative
. By what degree depends on who else follows and how much money is involved.
" Cue unpredictable consequences of a totally broken bond market. What
happens next will likely make the market dislocations following Lehman like
a breezy walk in the park
【在 h*******7 的大作中提到】
: 现在大机构持有大量Cash，Deposit 到Bank，今天已经有银行开始要Charge Fee了。
: Short-Term Yields Going Negative As BoNY Announces It Will Charge 13 bps Fee
: On Deposits
: The stunner in this morning's newsflow (the long, long overdue market
: collapse which is a much needed catalyst for QE3 should not surprise anyone)
: , comes out of the WSJ which has just reported that the Bank of New York has
: informed institutional clients it will begin charging a fee of 13 bps on
: deposits in excess of 110% of the client's monthly average. This is nothing
: short of outright terrorism to get everyone out of cash and into fiat-based
: ponzi products. Such as Short Term Bills. Indeed, as was reported earlier
| g******n
发帖数: 53185 | | S**C
发帖数: 2964 | 4 I see it differently.
It seems indicate the institutions are pulling out of short term funding
vehicle, which is very bad; OTOH, the TED spread seems OK.
I am a little worried about money-market funds now.
Fee
anyone)
has
nothing
based
【在 h*******7 的大作中提到】
: 现在大机构持有大量Cash，Deposit 到Bank，今天已经有银行开始要Charge Fee了。
: Short-Term Yields Going Negative As BoNY Announces It Will Charge 13 bps Fee
: On Deposits
: The stunner in this morning's newsflow (the long, long overdue market
: collapse which is a much needed catalyst for QE3 should not surprise anyone)
: , comes out of the WSJ which has just reported that the Bank of New York has
: informed institutional clients it will begin charging a fee of 13 bps on
: deposits in excess of 110% of the client's monthly average. This is nothing
: short of outright terrorism to get everyone out of cash and into fiat-based
: ponzi products. Such as Short Term Bills. Indeed, as was reported earlier
| h*******7
发帖数: 1481 | 5 现在机构不想Take 太多Risk，但那么多Cash 找地方Park 也越来越不容易。
Money Market Funds 都挤爆了吧？Vanguard 的两只Money Market Funds 都Close 了。
【在 S**C 的大作中提到】
: I see it differently.
: It seems indicate the institutions are pulling out of short term funding
: vehicle, which is very bad; OTOH, the TED spread seems OK.
: I am a little worried about money-market funds now.
:
: Fee
: anyone)
: has
: nothing
: based
|
|
