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Re:Fed raises rates by another 75 bps to fight inflation by bombcar on Wednesday September 21, 2022 @06:40PM (#32932537)
You’re also taking on risk (otherwise the bank would just skip you and buy the asset directly).
Re:Fed raises rates by another 75 bps to fight inflation by jedberg on Wednesday September 21, 2022 @07:25PM (#32932955)
The bank does buy the asset directly. They also buy it on my behalf because they are using my money and taking a fee.