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ECB Rate Hike is Kiss of Economic Death [Ep. 269, Eurodollar University]

Eurodollar University

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Short Term Government Debt From Germany

Short term rates starting to fall, unsecured, that's not a good sign. If you want o, if you want my cash, you're going to have put up some german tooth. And what you see is like you see in treasury bills or any other collateral, hight quality collateral asset, the prices of those things sky rocket. Because ripo and collateral sort of the back stop of unsecured. There really isn't a back stop after ripo. That's kind of getting into problems.

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