Surveillance: Recession Chances with Hatzius (Podcast)
Bloomberg Surveillance
00:00
Bond Losses in the Treasury Market
A lot of the people taking the loss are index orer match, attempting to match their index. But everybody's been short. This is a bondmare market we've never seen. It's worse than vulker's bond market. I think that the person at home opening their statement, what they're really going to be thinking and the back of their mind, as whil mortgage rates are almost six %, that might be the problem.
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Transcript
