AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
4min chapter
Commercial Banks Taper Treasury Purchases | Joseph Wang & DC Analyst
Forward Guidance
The Fed's Maturity Profile for QT
Banks post-buzzled three don't fund in the money market, so their liability costs don't go higher anymore. They're all retail, basically stuck at zero. What happens to their nims when rates go higher? So I guess we'll see if that's true as rates go higher. Right, nims, not interest margins. That structure change is just the core behind bullish financial thesis.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode