AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
4min chapter
PIMCO’s Cash King On Liquidity, Repo, Debt Ceiling, And Yield Curve Inversion | Jerome Schneider
Forward Guidance
The Effects of Market Functioning on Liquidity Management
In terms of how we actually think here at Pemko between the day before and the day after, I'll be honest with you, it wasn't that much different. Although we didn't necessarily forecast that prescribed date per se, we're always thinking about these type of risks. The important thing is recognizing and rationalizing not only the credit risk that you have to every single counterparty,. Whether you own it through a secure senior debt obligation or whether you have equity or whether you're transacting a bond trade with them - those are all factors that come into play for us. And so that for us remain the focal point at that point in time for Pemko.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode