April 8, 2021· 48 min

Why Treasury Market Spasms That Shouldn't Happen Keep Happening

Orality
Model
70%
Oral-dominant (speeches, podcasts, storytelling)

Speaker Breakdown

HostTracy Alloway(1,293 words)
M:29%
HostJoe Weisenthal(1,255 words)
M:28%
GuestYesha Yadav(5,625 words)
M:26%

Oral Indicators

Agonistic28%
literally, completely, absolutely
Engagement61%
you, our, your
Memory Aids100%
listen, now, like
Repetition100%
market (160x), know (69x), like (65x)
Parallelism96%
And I'm Joe Weisenthal...., But I guess let me frame that ..., But I you know, I'm always up ...
Sound Patterns53%
47 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases2%
i mean

Literate Indicators

Hedging8%
maybe, could, quite
Passive Voice7%
are correlated, was bowled, is regulated
Abstract Nouns21%
investment, recommendation, moment
Subordination10%
because, while, although
Sentence Length46%
Avg: 16.6 words/sentence
Word Complexity49%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style39%
545 personal pronouns found
Descriptive Style98%
literally, completely, unironically

Description

The U.S. Treasury market is the biggest, most liquid market in the world. Its smooth functioning is also crucial to the economy and the financial system. Yet it keeps experiencing bizarre, seemingly inexplicable bouts of volatility. We saw it in February. We saw it big time last March. And we saw it multiple times in recent years before then. On this episode, we speak with Yesha Yadav, a professor at Vanderbilt Law School, who argues that these episodes can be explained by the inadequate patchwork of regulations governing this market. See omnystudio.com/listener for privacy information.