The Bank of Korea’s Monetary Policy Board is closely monitoring potential risk contagion in repo funds, while also assessing the long-term impact of rising national debt on South Korea’s bond market, according to minutes released from the August meeting.
#YonhapInfomax #BankOfKorea #RepoFund #RiskContagion #NationalDebt #BondMarket #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=81984
Monetary Policy Board Member Urges Close Monitoring of Repo Fund Risk Contagion

The Bank of Korea’s Monetary Policy Board is closely monitoring potential risk contagion in repo funds, while also assessing the long-term impact of rising national debt on South Korea’s bond market, according to minutes released from the August meeting.

Yonhap Infomax

ZIRP for a decade led to:
- VCs FA’ing, but never FO’ing
- boom in solutions to non-existent problems (i.e. crypto)
- concentration in commercial real estate, rather than housing

The mismatch of risks, durations, and sensitivity to interest rates takes down SVB, Republic, and Signature.

Next domino to fall as a result of 10+ years of artificially boosted economy…?

#ZIRP #interestrates #vc #FAFO #crypto #commercialrealestate #housing #affordablehousing #riskcontagion #duration #economy

The crypto bros escaped San Francisco for South Beach, but the first casualty of the bubble bursting is a bank in La Jolla? 🤔

#Silvergate #riskcontagion #SanDiego #crypto #banking #FailureFriday