
The stability paradox
Grant's Current Yield Podcast · Grant's Financial Publishing, INc.
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Show Notes
Jim, Evan and Phil hold forth on noteworthy sightings in credit, while Jim challenges a core premise of modern central banking.
0:43 #ECB taper announcement
2:36 Taylor Rule funds rate and the flattening yield curve
5:05 The search for "stability"
8:35 Kobe Steel bondholder surprise
9:55 10-year yield at a key level
12:14 The last great #bond bear. In like a lamb…
14:01 "Unprecedented in degree, persistence and circumstance"
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