In 2008 the Fed resorted to massive swaps because European banks ran out of good collateral in NY. In 2020 if China… https://t.co/Uro9GGNm6W
By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys
By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys via daily shot newsletter from