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Markets Look Past Silicon Valley Bank's Collapse | Weston Nakamura

Inflection Point

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On the Margin - 10% Discount on Blockworks Research

The U.S. and Japan's bond markets are under enormous amount of stress, which is a function of kind of just illiquidity in the markets in general. In December, yield curve control is basically an explicit central bank put. We will buy an unlimited amount of JGBs at X, 25 basis points no matter what or high water level. There are there are risk models based on that safe haven that were up until December and twenty five two-year Treasuries aren't any different.

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