Fragility in Banking
Hugh highlights the fragility of banks holding unmarked treasury portfolios, potentially facing significant losses. Tracy questions the impact of marking bonds to market on bank equity, revealing concerns about the banking system's stability amidst rising interest rates.In this clip
From this podcast
Odd Lots
Hugh Hendry on the "Terrifying" Yen Move, and Risk of "Mad Max" Deflation
Related Questions
What are the effects on the economy of cutting federal funds rates as discussed in the episode Talk Your Book: Betting on Duration and the clip Bond Market Dynamics?
What are the effects on the economy of cutting federal funds rates as discussed in the episode Talk Your Book: Betting on Duration and the clip Bond Market Dynamics?