Yesterday saw a possible bottom in the pullback for Australian bank funding costs as CBA CDS rebound to 105bps, despite another rate cut:
The Ponzi Index also rose but European spreads also blew out so not too much:
Yesterday saw a possible bottom in the pullback for Australian bank funding costs as CBA CDS rebound to 105bps, despite another rate cut:
The Ponzi Index also rose but European spreads also blew out so not too much:
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