Is This Really a Way for Banks to Continue Raising Rates Higher?

There's a date, I think it's like December, where you can no longer purchase those long duration securities and pledge them in this facility, at least. Could that change? Of course it could, but it doesn't, you know, you can't go load up in duration right now and then, and then see a big drawdown and not have to take that risk. So yeah, we'll see. This this train has no breaks. It's teetering off the rails. Has it teetered yet fully or not? Who knows but it's coming and and the end game is as inevitable as it ever was.

Transcript

Play full episode

Transcript

Episode notes

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app