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A comment on Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC. Parent comment

Re:Joint Statement by the Department of the Treasury, Federa... by mjevans on Monday March 13, 2023 @01:57AM (#35131683)
As far as coverage has stated so far, the underlying assets ARE solid...

Problem is they're just not even a good investment compared to brand new fed bonds / bills of short / long (might have that backwards) due to the now MUCH HIGHER interest rates. They locked in at historically low rates, and had a bank run on their free reserves.

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Re:Joint Statement by the Department of the Treasury, Federa... by heisenbit on Monday March 13, 2023 @02:55AM (#35132053)
But then the coverage has mentioned also CMBS. An if you think about those, think about Covid and think about SV remote working…
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Re:Joint Statement by the Department of the Treasury, Federa... by tetrahedr0n on Monday March 13, 2023 @05:28AM (#35133196)
I'm sorry, I don't follow the logic here. Do you mind elaborating?

I see some correlation between SV remote working and COVID, but don't understand how mortgage backed securities play into this. Are you suggesting higher inflation on the way, lower property values, higher rates, and that it was intentional?

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