Re:Savings and Loan Crisis 1980–1989
by lamontcg on Monday May 01, 2023 @05:35PM
(#35779514)
> (b) long-term treasury and agency bonds whose present value has declined well below par due to rising long-term interest rates.
Apparently 10y US T-bills are now financial weapons of mass destruction according to the HN hivemind.
> (a) loans to office buildings that cannot be repaid in full,
This is a big problem with CMBS but I'm not aware of those being significantly involved in any of the recent blow ups. AFAIK this is still next-year's financial crisis that is only just starting to simmer.
Apparently 10y US T-bills are now financial weapons of mass destruction according to the HN hivemind.
> (a) loans to office buildings that cannot be repaid in full,
This is a big problem with CMBS but I'm not aware of those being significantly involved in any of the recent blow ups. AFAIK this is still next-year's financial crisis that is only just starting to simmer.