INSIGHTS

Keynote Speech | STA Women in Finance Symposium

by SUSAN ESTES | Sep 13, 2017 | Insights

It’s so nice to be here today. And so good to see you all, a room full of women in finance. I mean it’s not my regular experience and I am guessing it isn’t a regular experience for you either. I am very honored to be the keynote for the second annual Women in Finance Symposium.

Keynote Speech | Big Data U.S. Fixed Income: Who’s Your Daddy?

by SUSAN ESTES | Jun 16, 2017 | Insights

I must say it is a daunting experience not only to be addressing this audience, but to be following such a distinguished list of panelists and speakers with such clear thinking about the future of Big Data.

OpenDoor Invitation Works Wonders

by MICHAEL PAULUS | May 26, 2017 | Insights

For Michael Paulus, the chance to join the management team of OpenDoor Securities was an opportunity to put his decades of banking and public sector experience to use in an exciting new, but related way.

The Evolving Structure of the U.S. Treasury Market and its Impact on Incumbent Dealers

by MICHAEL PAULUS | Apr 17, 2017 | Insights

A lot is going to change in the next few years for the US Treasury market. Not all of this will be good for the stability and health…

Top 10 Challenges for the U.S. Treasury Market

by MICHAEL PAULUS | Mar 16, 2017 | Insights

The U.S. Treasury market has never been larger or – in some segments – as active. So what are the challenges and the possible warning signs that investors should be heeding?

Context is Everything

by SUSAN ESTES | Oct 19, 2016 | Insights

The volatility that the bond markets experienced on October 14, 2014 was unlike any other, not due to the extent of the price swings but because of the impact on the market.

Treasury Buybacks: Not So Fast

by SUSAN ESTES | Jun 2, 2016 | Insights

The idea of a U.S. Treasury buyback program has major drawbacks for the U.S. Treasury, end-investors, and even the Federal Reserve.

Treasury Market Liquidity: The Forgotten 98%

by SUSAN ESTES | May 25, 2016 | Insights

The Fed and the Treasury describe the U.S. Treasury market as, “the deepest and most liquid government securities market in the world.

Investment Managers Need Access to Better Pricing in Treasury Market

by SUSAN ESTES | Mar 30, 2016 | Insights

Lack of liquidity in a key sector of the government bond market is now costing institutional investors billions of dollars annually in sharply widening bid/offer spreads.