Somebody's Watching Me?

Over at a financial forum... we first mentioned the Durden's (Zerohedge) following us here. Now I know it's not just the Durden's watching me...

 On March 22nd, here was our comment re: JPY/USD carry for ill liquidity.
We Nattered about Yen 110, since March 10th, 115 to 111, injecting "dollar" liquidity to keep thinly traded indices afloat and the King at bey.  PBOC is having trouble with repo and interbank failures, the 7 day funds rate is screaming ill liquidity. Seven trading days till end of March and Q1 window dressing, should be an interesting squeeze, USD/JPY could breech 110 to the downside.
On March 23rd and March 25th, our Nattering at SA regarding bonds and rising cost of loan funds.
"Those two velocities keep getting squeezed, no relief in sight. [Credit and Transactions]. Prior to and since the Fed hike, I have seen the narrative for lower bond yields range from "more confidence in economic conditions due to the rate increase in the dollar" to "flight to safety". 
Post hike, yield on all tenures below 1yr increased, all others decreased.The bond "flight to safety" is a misread or CON that is going to be an ensuing stoking of stagflation. Raising neutered fed funds, IOER and RR, the cost of short duration loan funds increases, causing further ill liquidity in those HQLA, will be self reinforcing. 
Meanwhile, risk "off" in longer duration will flatten the curve and stagflation, strangulation shall reign down. Again, self reinforcing. The bond pressure cooker probably blows after May, and likely rages into year end? TBD."
#1: Followed by the Durden's on March 26th re: bond bears, eurodollar shorts.
The cost of currency-hedging for dollar assets has cheapened for Japanese investors, with the three-month basis now at the two-year average. Japanese life insurers typically buy domestic bonds in March and foreign bonds in the first half of the fiscal year that starts in April.
#2: Again the Durdens on March 26th with the "carry" and Chinese "dollar" ill liquidity.
The real action - most of it under the radar - has played out in China, where as discussed over the past few weeks, domestic liquidity has tightened notably, culminating with an unexpected bailout by the PBOC of various smaller banks who defaulted on their interbank loans as interest rates.
#3: On March 31st I mention CNN is following me re: In-Flynn-eration.

 On MARCH 25th… this tweet from Julliette Kayyem started the latest round.
Seth Abramson picked it up here. 
FIVE WEEKS EARLIER The Nattering One covered this on FEB 20th here… with this comment…  
"Flynn may have committed hari-kari, but at least he probably has an insurance policy. Of course the FBI is not filing charges against Flynn because… Being a free agent and wanting total immunity, Flynn probably "In-Flynn-erated" a much bigger fish." 
Conclusion of our March 31st Nattering:
Another exclusive... If Flynn was willing or able his lawyer would quietly approach the prosecutors with a proffer outlining the information that Flynn could provide. Flynn may be unable to incriminate others, or may be unwilling to do so. Flynn’s lawyers public play for immunity does suggest his client may face real criminal exposure. That play is just an attempt to bait a congressional committee, get immunity, give a public confession and render the investigation useless. This is why POTUS is supporting his PUBLIC effort. Hopefully nobody is STUPID enough to take this BAIT. Your gonna love this so apropos… a stool pigeon needs to be slow cooked.

April 7th we posted this re Dudley's Fed:
"He [Dudley] adds that the Fed may want to avoid raising interest rates at the same time it's shrinking its balance sheet."
No kidding, but they will keep raising anyway.  Assuming the Fed continues purchases, what else might happen when you sell MBS and bonds into the market, increasing the float? And if they discontinue 50% of new purchases (as opposed to roll over) as well? Can you say oversupply? Thanks for my ROFLMAO of the day. Below a video of Dudley, Yellen, Blankfein and a Fed researcher on the way to a meeting. Out.

 #4 Followed by Morgan Stanley's Matthew Hornbach on April 8th:
We thought Dudley's original comments suggested that, upon the initiation of balance sheet reduction, if financial conditions tighten too much, the Fed may have to take a step back from raising the fed funds target rate
#5 Followed by the Durden's on April 9th:
What is surprising is that there was no short covering after Bill Dudley's March 31 comments which were taken as dovish by the market. 
Five times now, CNN, Morgan Stanley, and The Durden's (Zerohedge) thrice, the list grows. Prescience? Providence? Paranoia? We are reminded of this...

 I'm just an average man, with an average life
I Work from nine to five; hey hell, I pay the price
People say I'm crazy, Just a little touched
But maybe showers remind me of "Psycho" too much...

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