- Top in Finance
- #197
- Paid leaderboard
- #106
- Subscribers
- 58K
- Paid subscribers
- 1,000+ paid
- Badge
- Bestseller 1k
- Followers
- 102K
- Paid plan
- $30/mo
- Recommends
- 115
- Podcast
- Yes
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Growth history
Subscribers (thousands, nightly)
58K on Sep 10, 2026 → 58K on Oct 21, 2026
Followers (thousands, nightly)
Rank in Substack’s finance leaderboard: #197 today · #82 a week ago · #79 a month ago
Stats worth sharing
Tracked since Sep 10, 2026 — 42 daily snapshots so far. The card below is built from what we track and refreshes nightly.
- Percentile
- Top 38%
- Best rank seen
- #74
- Rank, 7 days
- −115 places
- Rank, 30 days
- −118 places
- Followers added
- +1.3K
- Posts
- 2
- Reactions per post
- 64
- Reactions tracked
- 1.1K
of 525 ranked finance newsletters
on Oct 7, 2026
since tracking began
last 30 days
average, recent posts
across 17 posts
Most-reacted post we have seen: Primer: The SOFR/FF Basis — 118 reactions on Jun 10, 2026.
Recent posts
- Infographics: Hyperscaler Plumbing
- The Repo Dark Spot: Part II
— click here for Part I , and here for Pro NEW FEATURE FOR SUBSCRIBERS: each article includes a (highly requested) summary (at the bottom), which condenses each piece into key points & market views A Dark Spot at the ultra-short-end — upward pressure on repo rates soon 1 to emerge from U.S. officials forcing trillions of dollars in trades into centrally cleared 2 markets — is not just looming . Its potential impact has grown more uncertain. SOFR , the Fed’s secured (repo) rate benchmark, has seen its volumes tumble, not rise, a decline generated, in part, by the long-awaited peak in the…
- Infographics: The Repo Exodus
- The Repo Dark Spot: Part I
— Conks highly recommends reading Repo 101 before continuing... This year’s final quarter in money markets could turn stormy. The Fed’s Desk has toggled off its RMOs (i.e. liquidity injections), just as the largest U.S. banks begin pulling back from repo to evade higher capital costs — caused, in part, by soaring equity prices 1 . The first quarter of next year, however, will mark the start of another era of easing as banks re-lever their books, soon followed by the U.S. empire reaching its debt limit, forcing the U.S. Treasury to commence another TGA drawdown and flood banks with reserves…
- Plumbing Feed: Adventures at the Long-end of the Curve
This week’s posts from the Conks Feed in article form . To read chat posts as soon as they are published, join the feed here . SEPTEMBER 7TH, 2026: POST BUYBACK MANIA after the Treasury buyback “mania” has died down, which Conks can only describe as an episode of mass hysteria, swap spread wideners (i.e. bets on less negative spreads) have outperformed outright long positions in bonds. te were expecting the usual news flow that would last 48 hours followed by buyback chatter fading from the mainstream, only to be studied by a few over the long-term. after all, buybacks have minimal effect on…
- Infographics: The Fed’s FIMA Complex
— get updates on FIMA complex volumes with Conks’ snapshots click to enlarge (created lovingly by hand) click to enlarge (created lovingly by hand) click to enlarge (created lovingly by hand) click to enlarge (created lovingly by hand)
- Infographics: The G-SIB Surcharge
— created for upcoming pieces click to enlarge (created lovingly by hand) click to enlarge (created lovingly by hand)
- Infographics: TGA Repos
— created for Statecraft & the TGA (and used in upcoming works) click to enlarge (created lovingly by hand) click to enlarge (created lovingly by hand)
- Infographics: Modern Bank Regulatory Arbitrage Trades, Flows & Mechanics
click to enlarge (created lovingly by hand) click to enlarge (created lovingly by hand) click to enlarge (created lovingly by hand) click to enlarge (created lovingly by hand) click to enlarge (created lovingly by hand) click to enlarge (created lovingly by hand) click to enlarge (created lovingly by hand) click to enlarge (created lovingly by hand) click to enlarge (created lovingly by hand) click to enlarge (created lovingly by hand)
- Plumbing Notes: The Equity Repo Mania
- Infographics: Trades & Flows In The Equity Repo Complex
- Plumbing Notes: The Repo Rebound
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Data: Substack public leaderboards and publication archives, refreshed nightly, plus public beehiiv sitemaps and recommendation pages, refreshed weekly. Source for this page: Conks. Subscriber counts are Substack’s own rounded public figures, so week-on-week changes move in steps. beehiiv audience sizes are self-reported by the publisher and are not verified. Last snapshot: Oct 21, 2026.