This too will pass, it'll be borrowed of future earnings potential.
Rates will drop, but you'll be sitting with a high coupon yield.
quotingCurrency collapse in real time. Let’s be honest, who, without legal mandate will be buying this dog shit with the intent to hold until maturity? That is 5.40% on 10y gilt, 0.60% above the 2022 gilt crisis.
nevent1q…20vv
If this was bitcoin, we’d be talking about open water price discovery.
Are we entering open water yield discovery?
