They're all just time limited cash flows (ok not zero coupons), but that cash flow and duration matters as does what people will pay for it (if you need the cas

They're all just time limited cash flows (ok not zero coupons), but that cash flow and duration matters as does what people will pay for it (if you need the cash). The challenge comes when your depositors either want their money back or want higher rates today (on money you've already invested/loaned). These guys were going to burn billions in negative cash flow even if they "got their money back", but might have survived for the year or so it takes for 10+ year yields to fall back down a point or so and make them liquid again with survivable losses... assuming inflation fell, but who knows what actually ends up happening. The MOVE has be been crazy. https://www.tradingview.com/symbols/TVC-MOVE/ https://www.tradingview.com/symbols/TVC-MOVE/