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I mean, yeah, that's ultimately a potential problem for the federal budget. But that's not what tripped up SVB - long-term Treasury prices declined because high
by ZachPruckowski 4y ago
I mean, yeah, that's ultimately a potential problem for the federal budget. But that's not what tripped up SVB - long-term Treasury prices declined because higher interest rates made short-term Treasuries more attractive than long-term ones.
- InTheArena 4y agoWhich in turn would not be a problem if the amount of data issued didn’t swamp at destroy the market for debt already on the books…
- deleted 4y ago[deleted]