6 ms·

Unfortunately we are stuck living in the present where the bonds are worthless and not the future.

• pjc50 3y ago
  "slightly less valuable than expected" is not "worthless"! The hyperbole bubble is getting exhausting. People really want to talk a crisis into existence. Are they bored?
  • WalterSear 3y ago
    https://www.cnbc.com/2023/03/19/sp-cuts-first-republic-deeper-into-junk-says-30-billion-infusion-may-not-solve-problems.html https://www.cnbc.com/2023/03/19/sp-cuts-first-republic-deepe...
• jmillikin 3y ago
  If you happen to be holding any "worthless" Treasury bonds, I would be happy to take them off your hands for $0.10 on the dollar.
  • WalterSear 3y ago
    I bet the banks would jump at the chance to turn a $600 billion hole into a $540 billion hole.