They're going to decide on who's got to pay how much based on risk and other. It always looks like less risk. Yeah. And so The government rates are higher because we simply have to attract seven times more customers to buy US sovereign debt. than we had to, had to find a few years ago. We don't really get that. It's a subtlety, but it's a big deal. It's also sucking up all the liquidity. (46:45–46:53)
CLAIM
Asserts that government rates are higher due to the need to attract more customers for US sovereign debt.
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