Registration
 
All news
Top Stories
Editors' Picks
Stocks
Crypto
Economics
Currencies
Commodities
Business & Wealth
Market Voices
Igor Krasulya
Igor Krasulya

John Cochrane: Interest costs and Treasury borrowing rates are being overlooked

John Cochrane: Interest costs and Treasury borrowing rates are being overlooked
Interest costs overlooked in Treasury market

John Cochrane draws attention to what he believes is a neglected topic in economic discussions. He critiques the ongoing focus on the Phillips curve, interest rates, inflation, and employment, and instead highlights the importance of interest costs and the effect of buying Treasurys—such as through Japan's repo transactions—on U.S. Treasury borrowing rates.

Cochrane has recently questioned the widely assumed link between interest rates and inflation, stating there is no mechanical relationship between the two in recent commentary. He has also analyzed how trade flows now finance savings and investment imbalances. His latest comments continue to challenge common premises in economic policy debates.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

Editor's Picks for You

The great sell-off: Why companies are dumping Bitcoin
  • By Pavlo Kot
  • 15 hours ago
The great sell-off: Why companies are dumping Bitcoin
Editors' Picks
Trustee Founder Vadym Hrusha: The future of crypto payments belongs to AI agents
  • By Pavlo Kot
  • Yesterday
Trustee Founder Vadym Hrusha: The future of crypto payments belongs to AI agents
Editors' Picks
China’s crypto paradox: A booming market despite the ban?
  • By Alena Volkova
  • Yesterday
China’s crypto paradox: A booming market despite the ban?
Editors' Picks
All Editors' Top Picks

Latest John H. Cochrane News

Relationship between money and nominal income keeps resurfacing, John Cochrane notes
  • By Alena Volkova
  • 10.11.2026
Relationship between money and nominal income keeps resurfacing, John Cochrane notes
Market Voices
#John H. Cochrane
John Cochrane: New papers examine how central banks use interest rates to reduce inflation
  • By Elena Nikulina
  • 19.10.2026
John Cochrane: New papers examine how central banks use interest rates to reduce inflation
Market Voices
#John H. Cochrane
ECB may loosen rules with new support initiative, John Cochrane predicts
  • By Yulia Slavina
  • 02.10.2026
ECB may loosen rules with new support initiative, John Cochrane predicts
Market Voices
#John H. Cochrane
All John H. Cochrane News
  • Pavlo Kot
  • 15 hours ago
The great sell-off: Why companies are dumping Bitcoin
  • Pavlo Kot
  • Yesterday
Trustee Founder Vadym Hrusha: The future of crypto payments belongs to AI agents
  • Alena Volkova
  • Yesterday
China’s crypto paradox: A booming market despite the ban?
  • Mikhail Vnuchkov
  • 13.11.2026
Global Microsoft outage: What happened and how serious is it?
  • Dmytro Kharkov
  • 13.11.2026
Meme stocks vs. memecoins: Same viral frenzy, different endgames
  • Daria Chernytska
  • 10 min ago
Nvidia donated $25 million to Trump’s ballroom, Mike Shedlock notes
  • Ksenia Gerey
  • 30 min ago
Turner Novak: Felicis grows from $4 million to $1 billion fund size
  • Mykhailo Ihnatenko
  • 33 min ago
Concerns mount for US Treasury and Scott Bessent, James Lavish notes
  • Yaroslav Dmytrenko
  • 33 min ago
Bitcoin reaching $64,000 remains unexplained, Caleb Franzen states
  • Alena Volkova
  • 35 min ago
Differences between recent and 2023 U.S. home price declines explored, Danielle DiMartino Booth questions
Top News
  • Ashutosh Sureka
  • 10 hours ago
India stocks recover $400B as global investors reduce AI exposure
India stocks recover $400B as global investors reduce AI exposure
  • Mélissa Bac
  • 12 hours ago
Nvidia’s post-Huang era begins under growing pressure from Washington
Nvidia’s post-Huang era begins under growing pressure from Washington
  • Ezequiel Gomes
  • 12 hours ago
AI infrastructure stocks lose $4.2T as debt and valuation fears grow
AI infrastructure stocks lose $4.2T as debt and valuation fears grow
  • Pavlo Kot
  • 15 hours ago
The great sell-off: Why companies are dumping Bitcoin
The great sell-off: Why companies are dumping Bitcoin
  • Jainam Mehta
  • Yesterday
Goldman Sachs forecasts 19% return for Asian stocks in 2027
Goldman Sachs forecasts 19% return for Asian stocks in 2027
Live News
  • Mykhailo Ihnatenko
  • Now
AMD stock faces profit-taking risk as AI momentum builds
  • Olga Shendetskaya
  • Now
Eurozone economy outperforms expectations, strengthening case for ECB rate hike
  • Anton Kharitonov
  • Now
EUR/USD remains under pressure as dollar strength threatens a drop to 1.1000
  • Mykhailo Ihnatenko
  • Now
Ethereum drops below $2,000: Can ETH recover amid $1.64 billion in crypto liquidations?
  • Pavlo Kot
  • Now
Indian authorities raid CoinDCX and Delta Exchange over suspicious crypto transactions
Who We Are
Business Solutions
For Users
TU News
Popular Sections
Disclosures
CONTACT US
Legal
We are in Social Media
© IAFT Ltd., 2010-2026 All rights to the website are owned by IAFT Ltd.,
Registration number - HE 336186
  • Risk disclosure:

    Information on the TradersUnion.com website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. According to the statistics, 75-89% of customers lose the funds invested and only 11-25% of traders earn a profit. Trading in futures and options carries substantial risk of loss and is not suitable for every investor.

    That is why you should only invest money that you are prepared — or can afford — to lose at such high risks. Tradersunion.com does not provide any financial services, including investment or financial advisory services. Also, the Traders Union is not a broker and does not get money for trading in the Forex or CFD markets. Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers.

  • Disclaimer:

    Traders Union (TradersUnion.com) shall not be liable for the consequences of trading decisions made by the Client and for the possible loss of his capital resulting from the use of this website and information published on it.

    Forex market, CFD and cryptocurrency trading involves high risks and is not suitable for everyone. Before investing money, you need to adequately assess the level of your expertise and be aware of the risks, particularly in the context of trading with leverage. The information on this website is not intended for distribution or use by any person in any country or jurisdiction, where such distribution or use would be in violation of the local law or regulation. Any payments by Traders Union (TradersUnion.com) to the users of our website shall be legally interpreted solely as an incentive on our part for the activity on the website in the form of a deduction of a part of the advertising income; they shall not be a subject of any claims of our users or our obligations, a subject of disputes, as well as cannot be considered in relation to the services provided to users by brokers, both in fact and in their completeness and volume. The administration of the website shall not be liable for the content of user comments and reviews about the companies and shall not verify whether the authors of the reviews are indeed real clients of a specific company. All reviews, both negative and positive are published on the website without verification of their reliability; only offensive reviews that call for violence or any kind of discrimination and also reviews published from one group of IP addresses are moderated and removed. The authors of the materials shall be fully liable for the accuracy, completeness and impartiality of any information in the articles and reviews, including in the context of their use or mention of any brand names or trademarks. All mentions of the names of companies and their brands in any materials on the website shall be made in the context of communication of socially important information to the people about their activities by independent journalists, who are the authors. All evaluations and indicators on the website express the subjective opinion of the authors of the reviews (articles) and shall not be viewed as accurate statements and be a subject of disputes and claims against Traders Union.

  • Disclosure of advertisers and revenues:

    All the services on the Tradersunion.com website are free for you to use. Our team spends thousands of hours per annum researching brokers and gathering information about them to help investors all over the world to choose reliable companies and to avoid fraudsters.

    Indeed, the curating, sourcing, and organization of this process requires substantial financial investment by Tradersunion.com, which the website earns in the form of advertising payments. There are two types of advertising services on the website — direct advertising or partner (broker) participation programs. However, no services purchased by our partners shall affect the recommendations on our website, or our opinions, or ratings. Our ratings are based on our objective rating criteria and methodology; and the results are always equally and fairly applied to each broker. The work of our content authors and research groups does not involve any interaction with our advertisers and they do not have access to data concerning the amount of advertising purchased. For over 10 years we consider our independence, absolute openness, and objectivity as our main priority. Please follow the links to each of our affiliated broker’s websites. This will help Tradersunion.com to continue to provide our services to you for free.

onepercentfortheplanet.org https://gdpr.eu/ GDPR World Association of News Publishers