Archive for April, 2009
US Long-Term Rates Now Lower Than Short-Term
Thursday, April 30th, 2009Freddie Mac yesterday released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 4.80 percent with an average 0.7 point for the week ending April 23, 2009, down from last week when it averaged 4.82 percent. Last year at this time, the 30-year FRM averaged 6.03 percent.
BIS – Supervisory Guidance for Assessing Banks’ Financial Instrument Fair Value Practices – Final Paper
Thursday, April 30th, 2009BIS – Supervisory Guidance for Assessing Banks’ Financial Instrument Fair Value Practices – Final Paper
Performance Review – March 2009 – Hedge Fund Strategy Benchmarks
Thursday, April 30th, 2009DJHFSB Net of Fees Performance 2009 March YTD Distressed Securities -4.39% -9.31% Equity Long/Short -1.31% -0.62% Equity Market Neutral -0.78% -1.90% Event Driven 0.30% 2.04% Merger Arbitrage 1.52% 2.64% Dow Jones U.S. Total Stock Market Index 8.70% -10.56% Dow Jones Global Total Stock Market Index 8.36% -10.28% Dow Jones Corporate Bond Index -0.59% -1.87%
FED Stresstest : The Supervisory Capital Assessment Program: Design and Implementation
Monday, April 27th, 2009http://www.federalreserve.gov/newsevents/press/bcreg/bcreg20090424a1.pdf
March 2009 Performance Review of the Hedge Fund Strategy Benchmarks
Tuesday, April 14th, 2009Federal Reserve Bank of New York hosted a meeting yesterday of major market participants and their domestic and international supervisors to discuss ongoing efforts to improve the infrastructure supporting the over-the-counter (OTC) derivatives market.
Thursday, April 2nd, 2009Since the previous meeting with regulators in June 2008, industry participants have taken a number of steps to improve the OTC derivatives market infrastructure, including: Establishing CDS central counterparties (CCP): Multiple CDS CCP platforms have been developed and have started or are close to starting operations. This marks a major step in establishing a centralized [...]