Oef, higher for longer sure is going to be a fun ride, all these bank balance sheet impairments are not seen as a problem until they're a problem. Looks like the Swedes are just the first out the gate, admitting to being in a recession, letting their housing market tank and now admitting their central bank is in the hole to the tune of 7 billion

I was surprised banking issues went quiet after those few banks in the US and the credit suisse drama and was wondering when it would come back around, wonder if this opens the door for others to open up about their issues

As for the 7 bill, hmm I guess the tax payer is going to have to fill that hole somehow, be it higher taxes or higher debasement, either way krone holders are the bag holders