Big Banks: Going insolvent due to spike in yields making their bond portfolios get REKT!

Fed response: Create the BTFP program to prop up their balance sheet and allow them to survive unscathed.

Boomers: Bond portfolios getting REKT due to spike in yields from Fed action!

Fed response: ……..

Certificates of Confiscation! nostr:note1fdnmym037sg498qtjcralmlx4qwjkzwjunumrl3jgc7h29tykqvqpkqeh9