[Georgia Girl 2]

Most of our debt is held by domestic institutions.

[john drake]

Yep. I suspect in a lot of pension funds, too.

[delta7]

Most of our debt is held by domestic institutions.
———
Yeah, like SVB bank that cratered. The other disturbing fact is pensions, 401k’s, etc…..a leading contribution to SVB’s legendary failure was the amounts of “ excess” uninsurable money was parked in US debt instruments.