BlackMoney
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Section

Fixed Income

Treasuries, corporate bonds and the mechanics of interest rates.

Treasuries and the mark-to-market that scares people for no reason (usually) Fixed Income

Treasuries and the mark-to-market that scares people for no reason (usually)

The safest asset in the world shows up in the statement down 13%. Here is why that happens, when it is irrelevant, and the three cases…

Aug 11, 2026 2 min read David Okonkwo