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4min chapter
The Interest Rate Shock Hasn't Been Felt Yet | Cameron Dawson
On The Margin
An Upcoming Conference in DeFi and the Winners and Losers of Locking in Long-Term Fixed-Rate Debt
This chapter discusses an upcoming conference in DeFi and the implications of locking in longer-term fixed-rate debt, including the winners and losers in the scenario. The conversation touches on the impact on banks, the Fed's role, and the ownership of this debt by pension funds and the Fed.
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