Wallingford on Nostr: This is probably a dumb question, but I'm trying to grasp the mechanics. Why were ...
This is probably a dumb question, but I'm trying to grasp the mechanics. Why were larger banks hit harder in 2019? Higher rates drive down bond values, but that reduces the denominator. Was it primarily variance in assets between the two classes of banks? That's the story told for the recent regional crisis.
Published at
2024-08-30 01:07:55Event JSON
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