At this point, "US Households" are the big new buyers of T-Bills. We're acting like DIP lenders to ourselves . . . skimming some vig off a loan to a distressed borrower before the whole ship goes down (with us on it). We are smart.
At this point, "US Households" are the big new buyers of T-Bills. We're acting like DIP lenders to ourselves . . . skimming some vig off a loan to a distressed borrower before the whole ship goes down (with us on it). We are smart.
At this point, "US Households" are the big new buyers of T-Bills. We're acting like DIP lenders to ourselves . . . skimming some vig off a loan to a distressed borrower before the whole ship goes down (with us on it). We are smart.