<![CDATA[All things financial]]>https://www.atffivefactor.comhttps://substackcdn.com/image/fetch/$s_!XCi9!,w_256,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F8b4acc80-fbfc-44c6-aedb-e4a82bbaa964_144x144.pngAll things financialhttps://www.atffivefactor.comSubstackSat, 24 Oct 2026 09:12:04 GMT<![CDATA[When the old world is dying, the new world will not ask permission to arrive 10-22-2026]]>https://www.atffivefactor.com/p/when-the-old-world-is-dying-the-newhttps://www.atffivefactor.com/p/when-the-old-world-is-dying-the-newThu, 22 Oct 2026 16:14:23 GMT

]]><![CDATA[Calling It Traded]]>https://www.atffivefactor.com/p/calling-it-tradedhttps://www.atffivefactor.com/p/calling-it-tradedTue, 20 Oct 2026 16:39:19 GMT
Calling It Traded
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]]><![CDATA[Total Return Swaps: the risk slips between books; but losses hit the same balance sheet 10-20-2026]]>https://www.atffivefactor.com/p/total-return-swaps-the-risk-slipshttps://www.atffivefactor.com/p/total-return-swaps-the-risk-slipsTue, 20 Oct 2026 16:38:08 GMT

]]><![CDATA[Where China's Treasuries Live]]>https://www.atffivefactor.com/p/where-chinas-treasuries-livehttps://www.atffivefactor.com/p/where-chinas-treasuries-liveMon, 19 Oct 2026 17:35:59 GMT
China Treasury Domicile
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]]><![CDATA[Your currency reserves are yours; until your custodian's government confiscates them 10-19-2026]]>https://www.atffivefactor.com/p/your-currency-reserves-are-yourshttps://www.atffivefactor.com/p/your-currency-reserves-are-yoursMon, 19 Oct 2026 17:34:18 GMT

]]><![CDATA[Zambia Copper & the RMB Settlement Rail]]>https://www.atffivefactor.com/p/zambia-copper-and-the-rmb-settlementhttps://www.atffivefactor.com/p/zambia-copper-and-the-rmb-settlementSat, 17 Oct 2026 16:21:41 GMT
Zambia Rmb Analysis (1)
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]]><![CDATA[Once a nation gives up control of its currency & credit, it matters not who makes the nation's laws 10-17-2026]]>https://www.atffivefactor.com/p/once-a-nation-gives-up-control-ofhttps://www.atffivefactor.com/p/once-a-nation-gives-up-control-ofSat, 17 Oct 2026 16:14:05 GMT

]]><![CDATA[Rare earth mineral dependence is invisible until access is denied or restricted 10-26-2026]]>https://www.atffivefactor.com/p/rare-earth-mineral-dependence-ishttps://www.atffivefactor.com/p/rare-earth-mineral-dependence-isFri, 16 Oct 2026 16:30:52 GMT

]]><![CDATA[One Name, One Loan]]>https://www.atffivefactor.com/p/one-name-one-loanhttps://www.atffivefactor.com/p/one-name-one-loanThu, 15 Oct 2026 16:36:08 GMT
One Name One Loan Srt Data Centre Debt 2026 10 15
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]]><![CDATA[Banks free up ORCL capital by making measurable, transferable and priced as SRT 10-15-2026]]>https://www.atffivefactor.com/p/banks-free-up-orcl-capital-by-makinghttps://www.atffivefactor.com/p/banks-free-up-orcl-capital-by-makingThu, 15 Oct 2026 16:34:01 GMT

]]><![CDATA[The Swap That Worked Too Well]]>https://www.atffivefactor.com/p/the-swap-that-worked-too-wellhttps://www.atffivefactor.com/p/the-swap-that-worked-too-wellWed, 14 Oct 2026 16:17:14 GMT
Chile Afp Swaps Explainer
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]]><![CDATA[Long carry, short convexity. Chile Pensions swaps' risk is what is left after you thought of everything 10-14-2026 ]]>https://www.atffivefactor.com/p/long-carry-short-convexity-chie-pensionshttps://www.atffivefactor.com/p/long-carry-short-convexity-chie-pensionsWed, 14 Oct 2026 16:04:54 GMT

]]><![CDATA[China: A Fiscal Crisis in Slow Motion]]>https://www.atffivefactor.com/p/china-a-fiscal-crisis-in-slow-motionhttps://www.atffivefactor.com/p/china-a-fiscal-crisis-in-slow-motionTue, 13 Oct 2026 17:38:06 GMT
China Systemic Fiscal Risk Brief
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]]><![CDATA[US economy is a market with a state; China is a state with markets. Neither is pure 10-13-2026]]>https://www.atffivefactor.com/p/us-economy-is-a-market-with-a-statehttps://www.atffivefactor.com/p/us-economy-is-a-market-with-a-stateTue, 13 Oct 2026 15:48:15 GMT

]]><![CDATA[Oracle Credit, the Banks, and the CDS Signal]]>https://www.atffivefactor.com/p/oracle-credit-the-banks-and-the-cdshttps://www.atffivefactor.com/p/oracle-credit-the-banks-and-the-cdsSun, 11 Oct 2026 17:24:34 GMT

Oracle Credit Banks Cds
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]]><![CDATA[Oracle's CDS is not driven solely by debt levels but by SPV investors hedging ORCL rent promises 10-11-2026]]>https://www.atffivefactor.com/p/oracles-cds-is-not-driven-solelyhttps://www.atffivefactor.com/p/oracles-cds-is-not-driven-solelySun, 11 Oct 2026 17:13:36 GMT

]]><![CDATA[Two Markets, Two Models]]>https://www.atffivefactor.com/p/two-markets-two-modelshttps://www.atffivefactor.com/p/two-markets-two-modelsSat, 10 Oct 2026 17:58:30 GMT
Pfg Dysprosium Two Markets Two Models
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]]><![CDATA[US firms try to make a profit off of REM/REE. China is trying to control a strategic supply chain 10-190-2026]]>https://www.atffivefactor.com/p/us-firms-try-to-make-a-profit-offhttps://www.atffivefactor.com/p/us-firms-try-to-make-a-profit-offSat, 10 Oct 2026 17:53:50 GMT

]]><![CDATA[PC & PE mark-to-fantasy valuations support cash-on-the-barrelhead fees 10-9-2026 ]]>https://www.atffivefactor.com/p/pc-and-pe-mark-to-fantasy-valuationshttps://www.atffivefactor.com/p/pc-and-pe-mark-to-fantasy-valuationsFri, 09 Oct 2026 18:37:07 GMT

]]><![CDATA[Capital Domicile Mandates and Sovereign Debt]]>https://www.atffivefactor.com/p/capital-domicile-mandates-and-sovereignhttps://www.atffivefactor.com/p/capital-domicile-mandates-and-sovereignThu, 08 Oct 2026 20:19:13 GMT

Capital Domicile Mandates Factcheck
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