[yeahsure22]

Unfortunately we are stuck living in the present where the bonds are worthless and not the future.

[pjc50]

"slightly less valuable than expected" is not "worthless"! The hyperbole bubble is getting exhausting. People really want to talk a crisis into existence. Are they bored?

[WalterSear]

https://www.cnbc.com/2023/03/19/sp-cuts-first-republic-deepe...

[jmillikin]

If you happen to be holding any "worthless" Treasury bonds, I would be happy to take them off your hands for $0.10 on the dollar.

[WalterSear]

I bet the banks would jump at the chance to turn a $600 billion hole into a $540 billion hole.