Reposted by Brendan Greeley
Treasuries are losing their moneyness - column here from @bhgreeley.bsky.social. "For four decades, US government bonds have been both securities and money. They may no longer be that special" as.ft.com/r/9879499c-4...
as.ft.com
Treasuries are losing their moneyness
For four decades, US government bonds have been both securities and money. They may no longer be that special