SALT @SALTConference · 28 Aug 2026
There's a concept in economics called the Minsky moment. Confidence in holding long-end treasuries just evaporates with no warning. If confidence in long-end treasuries breaks, the Fed and Treasury have weapons, less long-end issuance, T-bill-only issuance, even an operation https://t.co/Yuq8AUDl0Y
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