Summary For too long, China’s interest rates have been kept below its nominal GDP growth rate for too low. They are now rising for structural reasons, as China moves to reduce financial repression. The rise in domestic bond yields since … Continue reading
What LEIs beneath: Will navigating the short term costs of the global identifier reap long term savings?
Anyone involved with the trade repository reporting for OTC derivatives will be aware of the LEI or “legal entity identifier”. Others may have heard about it, but as yet it is unlikely to be impinging on day-to-day responsibilities. Still it … Continue reading