4 ms·
For what it's worth, I'd expect that leverage to come back to bite you in the ass in a rising interest rate environment. Granted, we haven't seen a sustained pe
by tfehring 6y ago
For what it's worth, I'd expect that leverage to come back to bite you in the ass in a rising interest rate environment. Granted, we haven't seen a sustained period of rising interest rates for 40+ years, but it's not obvious that that will continue.