Ask HN: Do you think this is the start of the new financial crisis?

Re:Ask HN: Do you think this is the start of the new financi... by yeahsure22 on Tuesday March 21, 2023 @07:36AM (#35244872)

Unfortunately we are stuck living in the present where the bonds are worthless and not the future.

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Re:Ask HN: Do you think this is the start of the new financi... by pjc50 on Tuesday March 21, 2023 @08:57AM (#35245500)

"slightly less valuable than expected" is not "worthless"! The hyperbole bubble is getting exhausting. People really want to talk a crisis into existence. Are they bored?

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Re:Ask HN: Do you think this is the start of the new financi... by WalterSear on Tuesday March 21, 2023 @11:30AM (#35247631)

https://www.cnbc.com/2023/03/19/sp-cuts-first-republic-deepe...

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Re:Ask HN: Do you think this is the start of the new financi... by jmillikin on Tuesday March 21, 2023 @09:21AM (#35245731)

If you happen to be holding any "worthless" Treasury bonds, I would be happy to take them off your hands for $0.10 on the dollar.

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Re:Ask HN: Do you think this is the start of the new financi... by WalterSear on Tuesday March 21, 2023 @12:30PM (#35248554)

I bet the banks would jump at the chance to turn a $600 billion hole into a $540 billion hole.

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