Passages Saved From iOS
Our estimate of the weighted average maturity of outstanding treasuries is six years, making the 5-year note the best proxy to assess the impact of macroeconomic forces on the treasury market
Passages Saved From iOS
.modelthinking .implementation This is a great point that average maturity of issuance by a sovereign is a good approximation of macroeconomic drivers
The one thing I do try to follow is to go on streaks of reading a lot of books on a particular topic around the same time. Doing this is useful because it means I don’t have to just trust one author’s perspective on a particular topic, and it helps me connect a lot of facts together, so I can understand things better
Passages Saved From iOS
.modelthinking .implementation