Q&A #123
How many times does collateral get reused? Why don’t we know for sure? What’s going on with the SOFR spikes? Is that why the FOMC adjusted the RRP rate? Did fiscal authority cause depressions? Should we pay the debt? Why did Treasury volatility surge in October? Was it Jay’s mouth? Is there an inflation correlation with long term Treasury yields? Is that really about inflation, or something else? What’s in Basics 14?