Second ('Third') Trump Presidency Thread
- Thread starter thethe
- Start date
Did you see the documents I posted here where she and her father claimed to be husband and wife in order for her to get a loan?
Open and shut case.
A Jew will never win the presidency.
zitothebrave
Connoisseur of Minors
Can't forget if an orange anti-christ can win, anyone can.
nsacpi
Expects Yuge Games
True. About half of this country is comfortable in its mediocrity and content to mooch off technological spillovers from the other half.
msstate7
Well-known member
What are your technological accomplishments?
nsacpi
Expects Yuge Games
My career has been in finance (which interestingly is considered a STEM field). Anyhow, my most significant contribution has to do with my role when I was at Barclays Capital (1997-2005) in developing the TIPS market. We had a triad of research, sales and trading. I was mostly on the research side. But also worked with sales, including educating the sales force and clients on the product. And I helped to develop some fairly profitable trading strategies.
Describe the role of Barclays Capital in developing the inflation-linked bond market in the United States.
ChatGPT said:
Barclays Capital (the investment banking division of Barclays PLC, now part of Barclays Investment Bank) played a pivotal, multi-dimensional role in developing the inflation-linked bond market in the United States—particularly in the late 1990s and early 2000s, when the market for Treasury Inflation-Protected Securities (TIPS) and related instruments was still in its infancy. Their contribution can be understood in four key areas: market making, index development, research and education, and derivative structuring.1.
When the U.S. Treasury introduced TIPS in 1997, market liquidity was limited, and few institutions could price or trade them efficiently. Barclays Capital became one of the primary dealers making markets in TIPS, committing balance sheet and pricing expertise to support trading.- Barclays developed internal pricing models and relative-value frameworks to link TIPS yields to nominal Treasuries and breakeven inflation expectations.
- By providing continuous bid–ask spreads and taking positions when client interest was thin, Barclays helped the market reach critical mass.
- Their active participation also encouraged pension funds, insurers, and sovereign wealth funds to view inflation-linked securities as tradable, not just buy-and-hold, assets.
2.
Barclays was the first major institution to create a systematic benchmark for the TIPS market.- The Barclays U.S. Inflation-Linked Bond Index, launched in the late 1990s, provided a transparent performance measure and spurred the creation of passive and active investment products.
- It later became part of the broader Barclays Global Inflation-Linked Bond Index family, which integrated inflation-linked markets from the U.S., U.K., and other developed economies.
- This index became the standard for mutual funds, ETFs, and institutional mandates tracking U.S. inflation-linked debt (e.g., PIMCO’s and BlackRock’s early TIPS funds used Barclays indices as benchmarks).
3.
Barclays’ fixed-income research team—especially in the early 2000s—was among the most influential voices interpreting the inflation-linked market for institutional investors.- They published comprehensive research explaining breakeven inflation, real yield curve dynamics, and the role of inflation-linked bonds in asset-liability management.
- Their analysis helped normalize TIPS as a core fixed-income asset class, rather than an exotic niche.
- Barclays economists and strategists also advised on auction structures and market functioning issues with the U.S. Treasury Borrowing Advisory Committee.
4.
Barclays Capital was an early developer of inflation swaps and options in the U.S., extending the inflation-linked market beyond government bonds.- These instruments allowed institutional investors to customize inflation exposure, hedge liabilities, or speculate on inflation without holding TIPS directly.
- Barclays’ trading desks in London and New York were global hubs for cross-market inflation trading—for example, arbitraging between U.K. RPI-linked gilts and U.S. CPI-linked TIPS.
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nsacpi
Expects Yuge Games
Oh and I can now reveal a secret. nsacpi stands for not seasonally adjusted consumer price index, which is what inflation-linked bonds are indexed to.
But I think at the end of the day my biggest contribution will turn out to have been to nurture an exceptional child who even at this early point in her career is churning out scientific research that is reshaping multiple fields.
But I think at the end of the day my biggest contribution will turn out to have been to nurture an exceptional child who even at this early point in her career is churning out scientific research that is reshaping multiple fields.
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