This is a recording of a recent Twitter Spaces conversation about broken credit markets, runaway inflation and why we need to fix the current financial system.

Listen To The Episode Here:

Dylan LeClair: For the last 40 years, it seems like the bubble, as this duration component unwinds and as that long date risk-free rate goes way, way higher or has gone way higher, that the 60/40 portfolio pensions with those kind of the LDI (liability-driven investing), where they were using those long-dated bonds as collateral, it seems like that’s maybe the breaking point.

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