Cassandra
Bubbles & Risk · Economics & Markets
The margin call moves; the debt remains
Columns
- The margin call moves; the debt remains
- The funding a hedge fund expects is missing from the bank’s plan
- The clock on Tesla’s 30 billion dollar credit
- Where would the AI debt chain first break?
- The European Central Bank (ECB) rate reaches Irish tracker mortgages
- The seized cash sits at EQIBank, and Tether's ceiling is 3.4 basis points
- France's bond buyer is tested at the budget vote
- Binance takes Circle equity with a promise to hold for 2 years
- Temporary gains in AutoZone's margin put the capital buffer under scrutiny
- 300 billion dollars of residual value sits off the coupon stack
- CoreWeave's 2.875 per cent coupon sits under 9 per cent paper
- The five-year exemption keeps tokenized shares inside volume limits
- Grab pays 1.49 billion dollars now; Atome's loan book stays outside until 2027
- The first seller above 5 per cent on the 10-year sits in the cash-futures trade
- Beneath Türkiye's balanced current account sits $50.9 billion of loans
- Inside Eskom's transmission split, the lenders hold the timetable
- The limit was 500 million dollars, and the network never touched it
- The private-equity exit is blocked; the debt remains inside the company
- Campbell's cut the one payment it still controlled
- Nikkei falls 3 per cent and Kospi 3.6 per cent as Japan's 10-year yield reaches 3.02 per cent
- PG&E covers almost 48 per cent of 21 billion dollars if the fund is exhausted
- 29.5 billion dollars turns onchain while three platforms hold the exit
- Ledger design is the stress test for Schnabel's on-chain reserves
- In Boliden's Nexa deal, the number that matters isn't the purchase price — it's the bridge loan
- One maturity at a time, Tokyo's debt starts to cost what the market charges
- Alibaba paid for its AI in shares, and the bill arrived the same morning
- The RBI's window closes first, the bonds mature later
- Bessent can buy bonds, not erase risk
- The US Treasury doubles the long-end buyback while the 20-year auction still clears cleanly
- Most of Europe's 440 billion euros of US tech exposure sits inside funds