Yellen Worried About a Run on Money Markets and Bond Funds
US Treasury Secretary Janet Yellen today said that she was "closely monitoring" financial markets as volatility rises. But more importantly she said she wanted to "develop policies to reduce the first-mover advantage that could lead to investor runs in money market funds and open-end bond funds." The possible implications of that effort should terrify investors!
Check out Heresy Financial on Youtube: https://www.youtube.com/c/HeresyFinancial
Link to Proposed SEC Rule Change: https://www.sec.gov/rules/proposed/2021/ic-34441.pdf
Link to Markets Insider Article where BofA Proposes New Fed Blob: https://markets.businessinsider.com/news/stocks/biggest-stock-market-risk-declining-liquidity-us-treasuries-housing-bubble-2022-9
Support the Channel on Patreon: https://www.patreon.com/NobodySpecialFinance
Join My Discord for More Discussion, Q&A, and News: https://discord.gg/njvf3DPPrF
Affiliate Links:
Use this link to get $10 in free Bitcoin with Swan: https://www.swanbitcoin.com/NobodySpecial/
The Ledger Nano X: My favorite Hardware Wallet for Cold Storage of Crypto Assets: https://shop.ledger.com/?r=23974ce6def9
Recommended reading (Amazon Affiliate links):
Rich Dad Poor Dad by Robert Kiyosaki: https://amzn.to/3rJvA7Y
Follow me on Twitter: https://twitter.com/JG_Nuke
Follow me on Gettr: https://gettr.com/user/nobody_special_
Follow me on Gab: https://gab.com/NobodySpecialFinance
Follow me on Reddit: https://www.reddit.com/user/JG-NUKE
#bondmarket #liquidity #endthefed #MelonHead
-
1:03:36
Nobody Special Finance
9 months ago $0.05 earnedBank Stocks Are Telling Us Things Are Not Ok!
2912 -
8:58
After Skool
15 days agoWhat Is In The Great Beyond? - Graham Hancock
71.2K82 -
7:33:34
MissesMaam
13 hours agoCozy Games + Coffee 💚✨
87K10 -
1:53:26
Twins Pod
1 day agoFrom America's General To Political Target! | Twins Pod - Episode 26 - General Flynn
106K30 -
1:54:42
Matt Kim
9 hours agoThe Shawn Ryan Interview | Matt Kim #106
98.2K33 -
2:22:32
Tucker Carlson
11 hours agoCalley & Casey Means: The Truth About Ozempic, the Pill, and How Big Pharma Keeps You Sick
255K526 -
1:07:29
Hometalk
1 day ago $9.51 earnedTrending NEW pumpkin DIY ideas everyone's copying in fall 2024!
88.1K3 -
8:50
Adam Does Movies
12 hours ago $4.33 earnedAlien: Romulus Movie Review - We're Back Boys!
77.1K6 -
1:48:03
vivafrei
12 hours agoWashington Post Calls Out Commie Kamala! Aussie Breakdancer "No More Questions" & MORE! Viva Frei
124K104 -
19:12
Breaking Points
1 day agoOPEN WAR As FDA BLOCKS MDMA Therapy For Vets
67.1K29