Banks Face Liquidity Crisis as U.S. Treasury Loses Control of the Bond Market
Steven Van Metre: 10-20-2022
The banks are facing a massive liquidity crisis as the U.S. Treasury is losing control of the bond market.
Rising rates have caused banks to book a paper loss on their huge bond portfolios which has caused the Treasury to consider issuing more T-Bills to shore up the liquidity problems with the long bond and bring rates back down.
https://www.youtube.com/watch?v=hkvgHmMthwA