NEWS FROM THE NUMBERS COALFACE 10-Year Treasury Yield: A Moody Barometer for a World That Can’t Decide If It’s Dying or Just Napping SINGAPORE—Every morning, somewhere between the first espresso and the last muttered curse at Bloomberg, traders around the planet glance at one figure the way medieval sailors once checked the North Star: the…
Interest Rates: The Global Game of Financial Whack-a-Mole By Our Man in the Currency Bunker, somewhere between Frankfurt and FOMO Somewhere on a Bloomberg terminal, a red arrow blinks like a tiny, strobing heart attack. That, dear reader, is the world’s pulse today—set by a committee of twelve serious people in Washington who decide how…
Argentina: The World’s Most Consistently Unpredictable Soap Opera By: A Correspondent Who Learned Long Ago Never to Bet Against a Country That’s Already Bankrupt Twice Before Lunch Buenos Aires cafés still smell of burnt sugar and desperation, which is convenient because the IMF is currently asking for both back—preferably in dollars. While the rest of…
