Decent recap on Tucker last night. Interest rates having been near zero unnaturally for such a long time lead some institutions to a higher than natural government bond portfolio since long term bonds tend to retain value well in a low interest environment. With rates climbing rapidly due to...
Yep, like "we'll come in and upgrade all your mining infrastructure at no charge to you (with the minor stipulation that you give up controlling interest in all output to China in perpetuity)".
Don't worry, you can trust us.