Government Debt, Government Spending and the Economy

As we move into the Q3 GDP release, the December budget update season, and from there into a new US Presidency, we thought it would be useful to think about how Government spending interacts with economic growth and with bond markets.

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RMBS - Lets get technical

In the second article of our WIRE series focusing on Residential Mortgage Backed Securities (RMBS), we delve into some of the finer details of what matters for a RMBS transaction. For background, RMBS transactions are designed to cope with the worst conditions as envisaged, and yet the vast majority of the contractual provisions will never be used.

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