Update on T-bills. Last week’s wild auctions repeated this week, only with flipped maturities. Other related data confirm the sharp demand as well as dealer participation in it. We discuss the implications plus dig into the reason why collateral is so important to begin with, and also why we don’t know nearly enough about what’s going on.Video Length: 00:23:21More By This Author:Swiss Central Bank Sent A Massive Warning To The World
China’s Banking System Is Melting Down All At Once
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