20 min listen
MM127: Why surging yields may break the financial system!
FromMarket Maker
ratings:
Length:
40 minutes
Released:
Oct 6, 2023
Format:
Podcast episode
Description
World's biggest bond market hits a wave of sellingGlobal bonds at the mercy of Treasuries in an echo of 2020 debt sell-offTreasury-bond collapse ranks among the worst crashes in historyBloomberg has reported losses on Treasury bonds with maturities of 10 years or more had notched 46% since March 2020, while the 30-year bond had plunged 53%. Those losses are nearly in line with stock-market losses seen during the worst crashes of recent history — when equities slumped 49% after the dot-com bubble burst and 57% in the aftermath of 2008.In this podcast episode, we attempt to step out of the hysteria, re-examine what caused this move and look at the effects it may have on US/European banks, debt markets, pension funds, and the private equity community.If you have an interview or an assessment centre coming up then you MUST listen to this episode!Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
Released:
Oct 6, 2023
Format:
Podcast episode
Titles in the series (100)
MM007: Will Biden's stimulus cheques boost the economy?: In this episode we look at the general optimism that has re-emerged this week as the DJIA & S&P 500 hit fresh record highs and look at what incoming stimulus cheques might mean for the US economy. by Market Maker