Does it even matter for stocks? Priced in?
>>62731060every bank balance sheet on earth is currently keeling over
>>62731060>saar pls buy the bond saar it go to moonfuck off rajesh
>>62731083>every bank balance sheet on earth is currently keeling overThis is good for net interest margins
If it climbs to 6% the US will be financially demoted to a third world country, they will need to pay as much interest rate as a third world nation with a 680 credit score on their 40 trillion debt. China's 10 year rate is at 1.67% mind you.
>>62731089kek