🚨 WARNING : The Crisis in Swap Spreads 🚨
(NOT Click-bait this is a big deal.)
1/ Have you been keeping an eye on interest rate swap spreads lately? If not, you should be!
They've been quietly building and building, and last week, they made a monumental move – the biggest… pic.twitter.com/HUWTV1TIVy
— Jeffrey P. Snider (@JeffSnider_EDU) October 24, 2023