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15min chapter
Violently Rangebound (guest: Efficient Market Hype)
The Market Huddle
Understanding Credit Spreads and the Rationality of the Curve
In this chapter, they discuss the aspects of credit spreads and the rationality of the curve remaining inverted even if there is no recession by the end of the year. They explore the separation of the curve bet from the credit bet and the potential impact of economic growth on the fair cut.
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