3 ms·

How did you survey the commercial paper sector?

• Clewza313 5y ago
  This has been widely reported, see eg Matt Levine's recent take: https://www.bloomberg.com/opinion/articles/2021-07-22/private-equity-firm-got-rich-making-private-equity-firms-rich https://www.bloomberg.com/opinion/articles/2021-07-22/privat...
  • deleted 5y ago
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  • perl4ever 5y ago
    This is great: "“Given our portfolio composition in commercial paper, we believe that it is quite important to respect the privacy of the banking partners that we work with.” That’s not a thing! That’s not a thing at all! Every money-market fund just lists all of its holdings, by size and issuer and CUSIP! Tether has broken new ground in the concept of commercial-paper privacy rights!" ... "Tether has traded between $0.9996 and $1.0009 over the last seven days, including during yesterday’s interview. That’s a pretty tight range given that, you know, anyone can watch the interview."
• deleted 5y ago
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