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MAJOR Bank Makes Announcement to Sell Billions in Treasuries
A Japanese bank giant announced it was going to begin selling tens of BILLIONS in USTs and other European government bonds knowing full well the institution is going to take huge losses on the sales. Is this the start of another bank run? Will this kill the Treasury market?
Eurodollar University's Money & Macro Analysis
About Norinchukin Bank
https://www.nochubank.or.jp/en/about/
Norinchukin Financial Summary Fiscal Year 2023
https://www.nochubank.or.jp/en/ir/results/pdf/cap_results2023_04_02.pdf
Bloomberg Echoes of 2009 Crisis Thrust Japanese Bank Norinchukin Back Into Spotlight…
The skinny
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