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0 sats \ 2 replies \ @nkmg1c_ventures 9h \ on: Jamie Dimon Misdirection On Bonds? econ
If the borrowing rate goes down, as he’s expecting, existing bonds at the higher rates become more valuable. Isn’t this pretty standard?
I'm misunderstanding. Dimon is saying inflation is coming. If that's what he thinks, rates won't go down. They will go up, and the existing bond's value will drop.
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I took it to mean monetary inflation, the supply of dollars will go up as rates come down, and the price of existing bonds at higher rates will go up
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