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48 sats \ 2 replies \ @siggy47 OP 24 Jun \ parent \ on: Norinchukin sounds warning as higher-for-longer rates inflict losses econ
That is correct. I'm thinking there are plenty of banks all over the world in the same predicament.
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54 sats \ 1 reply \ @0xbitcoiner 24 Jun
I think $63B won't be anything special and markets can absorb these amounts without much difficulty, but if they start coming one after the other, here we go again.
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48 sats \ 0 replies \ @siggy47 OP 24 Jun
Like you and I talked about last week, I think it's the solvency of the banks that are more concerning than what it does to the bond market. That is until the dominoes really start falling.
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