2min chapter

Let's Appreciate cover image

Bailey's Policy - "Get Your Sh*t Together"

Let's Appreciate

CHAPTER

The Fed's Market Loss on Fixed Income Holdings

Pensions are hesitant to sell their bonds to the Bank of England. They don't want to have to buy them up again later at a higher price. The Fed is in the red right now and they're not making money, which shows how much the market has changed.

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