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Michael Howell: Can The Fed Keep Raising Rates During A Banking Crisis? | Michael Howell

Forward Guidance

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Is SVV Hedging a Good Thing?

Michael Bociurkiw: SVV was criticized pretty heavily for not hedging interest rate risks. He says the problem they run into because during a period of an inverted yield curve, banking becomes less profitable. And that's why I come back to this point, that we have to be moving into a world of yield curve control, he says. But first thing you must do is get an upward sloping yield curve and maybe 100 basis points between short and long-term rates.

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