“Katie Dean says she tries not think about the fact that she’s in charge of an $40 billion pile of money as head of fixed income, currencies and cash at AustralianSuper.”

GFC I’m glad I pulled my money out and put it into self custody #bitcoin.

https://www.afr.com/markets/currencies/rates-drive-everything-says-australiansuper-s-40-billion-bond-boss-20230416-p5d0w7

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You learn in any commerce degree that the risk-free rate is the bedrock of any economic calculation. Government bonds determine what that rate is... and yet Katie just realises it now? oh boy!