Surveillance: Fed's Next Move with Dudley
Bloomberg Surveillance
00:00
Is the Fed Doing What It's Meant to Do?
Michael Arrogetti of Aries Management: I think it could be very challenging. Most private credit assets are held unlevered to the extent they're leveraged with match duration and match funding. But juxtapose that with a bank that is 10 to 15 times lever and you get obviously a much different outcome in markets like this.
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