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You are forgetting all the risky investments short selling and swaps.
by thedangler 4y ago
You are forgetting all the risky investments short selling and swaps.
- mianos 4y agoFunny thing is swaps are sold on the back of bonds, whose holders are prepared to lose when the market interest drops to keep the capital value stable. They are the exact instrument that protects bond holders against the above scenario, over the long term.