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Other banks had less duration risk and some used hedges. No bank is going to profit from this particular environment but it's possible to manage assets such tha
by bagacrap 4y ago
Other banks had less duration risk and some used hedges. No bank is going to profit from this particular environment but it's possible to manage assets such that the entire business doesn't implode.
- landemva 4y agoWhile it is possible to manage for safety, regulators did not enforce that.