Tootfinder

Trump presses Powell for a full-point interest rate cut despite strong jobs report (CNBC)
https://www.cnbc.com/2025/06/06/trump-powell-fed-rates.html
http://www.memeorandum.com/250606/p53#a250606p53

Hedging Deposit Run Risk Prior to the 2023 Regional Banking Crisis
Matt Brigida, Kathleen Maceyka
https://arxiv.org/abs/2506.03344 https://

Hedging Deposit Run Risk Prior to the 2023 Regional Banking Crisis
In this analysis we determine factors driving the cross-sectional variation in uninsured deposits during the interest rate raising cycle of 2022 to 2023. The goal of our analysis is to determine whether banks proactively managed deposit run risk prior to the hiking cycle which produced the 2023 Regional Banking Crisis. We find evidence that interest rate forward, futures, and swap use affected the change in a bank uninsured deposits over the period. Interest rate option use, however, has no eff…

Sources: Elon Musk is selling $5B in debt for xAI at a double-digit interest rate, with demand already exceeding $3.5B (Bloomberg)
https://www.bloomberg.com/news/articles/2025-06-02/musk-s-xai-launches-5-billion-deb…

This https://arxiv.org/abs/2502.07185 has been replaced.
initial toot: https://mastoxiv.page/@arXiv_…

Expansion-history preferences of DESI DR2 and external data
We explore the origin of the preference of DESI DR2 baryon acoustic oscillation (BAO) measurements and external data from cosmic microwave background (CMB) and type Ia supernovae (SNIa) that dark energy behavior departs from that expected in the standard cosmological model with vacuum energy ($Λ$CDM). In our analysis, we allow a flexible scaling of the expansion rate with redshift that nevertheless allows reasonably tight constraints on the quantities of interest, and adopt and validate a simp…

This https://arxiv.org/abs/2505.22784 has been replaced.
initial toot: https://mastoxiv.page/@arXiv_eco…

Split the Yield, Share the Risk: Pricing, Hedging and Fixed rates in DeFi
We present the first formal treatment of \emph{yield tokenization}, a mechanism that decomposes yield-bearing assets into principal and yield components to facilitate risk transfer and price discovery in decentralized finance (DeFi). We propose a model that characterizes yield token dynamics using stochastic differential equations. We derive a no-arbitrage pricing framework for yield tokens, enabling their use in hedging future yield volatility and managing interest rate risk in decentralized l…

Branch lengths for geodesics in the directed landscape and mutation patterns in growing spatially structured populations
Shirshendu Ganguly, Jason Schweinsberg, Yubo Shuai
https://arxiv.org/abs/2506.01787

Branch lengths for geodesics in the directed landscape and mutation patterns in growing spatially structured populations
Consider a population that is expanding in two-dimensional space. Suppose we collect data from a sample of individuals taken at random either from the entire population, or from near the outer boundary of the population. A quantity of interest in population genetics is the site frequency spectrum, which is the number of mutations that appear on $k$ of the $n$ sampled individuals, for $k = 1, \dots, n-1$. As long as the mutation rate is constant, this number will be roughly proportional to the t…

Top U.S. Multifamily Rent Growth Markets — Q1 2025
"As was the case during 2024, the top rent growth markets to start 2025 represented several regions, all with varying strengths and characteristics."

Top U.S. Multifamily Rent Growth Markets Q1 2025 - Arbor Realty
The U.S. multifamily sector finished 2024 with the wind at its sails, as the market settled into a more normalized cycle with emerging opportunities. The sector’s resilience stood out during the year, amid a shifting economic landscape and volatile interest rate environment.

Split the Yield, Share the Risk: Pricing, Hedging and Fixed rates in DeFi
Viraj Nadkarni, Pramod Viswanath
https://arxiv.org/abs/2505.22784 https://…

Split the Yield, Share the Risk: Pricing, Hedging and Fixed rates in DeFi
We present the first formal treatment of \emph{yield tokenization}, a mechanism that decomposes yield-bearing assets into principal and yield components to facilitate risk transfer and price discovery in decentralized finance (DeFi). We propose a model that characterizes yield token dynamics using stochastic differential equations. We derive a no-arbitrage pricing framework for yield tokens, enabling their use in hedging future yield volatility and managing interest rate risk in decentralized l…