It won’t be bonds that get us The first thing to say is that the mini financial crisis seems to be calming down. The IAT index of US regional banks is up 5.7 per cent today. The iShares Index of US banks is up 4.5 per cent. And the Eurostoxx index of European banks is up 4.8 per cent.  But, each of those indexes has been traumatised in the past month. We might not be finished with this thing yet. The crisis was kicked off by SVB taking on too much duration risk. What this means is it bought lots…

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