Re:Joint Statement by the Department of the Treasury, Federa...
by runeks on Monday March 13, 2023 @01:14PM
(#35138889)
They still have duration risk.
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Re:Joint Statement by the Department of the Treasury, Federa...
by afiori on Wednesday March 15, 2023 @04:17AM
(#35165321)
At the time of writing this comment I did not know that having funds stuck in long term bonds was a major factor in the collapse.
I was biased to assume insolvency rather than illiquidity.