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Regarding your last sentence, this isn't happening in a vacuum, and rejecting the risk-free assumption behind US debt seems like a symbol with a lot of informat
by wrs 9mo ago
Regarding your last sentence, this isn't happening in a vacuum, and rejecting the risk-free assumption behind US debt seems like a symbol with a lot of information content.
- irishcoffee 9mo agoSame point. It would need to increase by: an order of magnitude AND happen every day before it becomes a problem. $8B (actually $260m) isn’t moving markets. $80B/day for a month, that would move the needle. I understand why people want this to be a bigger deal. It just isn’t. Not yet.