The Fed's Balance Sheet Jumped $300B Last Week. Is That Inflationary?
The Breakdown
00:00
Bond Holding Question
JP Morgan analysis said decision to write down credit Suisse A.T. 1 could lead to contagion for wholesale funding costs across the sector. So shareholders in CS will now have UBS stock. The bond holders are zeroed out. If you're an investor in bank debt, you say, gee, I didn't expect to get wiped out.
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Transcript
