One of the clearest explanations of the cross-currency basis I’ve seen.
Especially liked how you tied the basis to deeper structural forces — not just rates and funding, but also herd behavior, regulatory pressure, and macro liquidity shifts.
Mastering this really does feel like understanding the hidden architecture of global finance.
This is a super article! Thank you for sharing
One of the clearest explanations of the cross-currency basis I’ve seen.
Especially liked how you tied the basis to deeper structural forces — not just rates and funding, but also herd behavior, regulatory pressure, and macro liquidity shifts.
Mastering this really does feel like understanding the hidden architecture of global finance.
Great write up.
Apart from the recent CME tools, how do you monitor the xccy basis if you don’t have a Bloomberg?
Good qu...if you have Reuters/Refinitiv access they have it, but aside from that CME tools is the only free tool we've seen.
CME should expand into other currency pairs. Next step should be JPY if they offer the TONAR futs.
https://www.cmegroup.com/markets/interest-rates/cme-group-cross-currency-basis-watch.html
great work