{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Eurodollar University","title":"MAJOR Bank Makes Announcement to Sell Billions in Treasuries","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/eaa39f59\"></iframe>","width":"100%","height":180,"duration":1209,"description":"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? \nEurodollar University's Money & Macro Analysis\nAbout Norinchukin Bank\nhttps://www.nochubank.or.jp/en/about/\nNorinchukin Financial Summary Fiscal Year 2023\nhttps://www.nochubank.or.jp/en/ir/results/pdf/cap_results2023_04_02.pdf\nBloomberg Echoes of 2009 Crisis Thrust Japanese Bank Norinchukin Back Into Spotlight\nhttps://www.bloomberg.com/news/articles/2024-05-21/japan-s-bank-for-farmers-and-fishermen-returns-to-spotlight-for-overseas-losses\nBloomberg Norinchukin Bank to Sell $63 Billion of Sovereign Bonds\nhttps://www.bloomberg.com/news/articles/2024-06-18/norinchukin-bank-to-sell-63-billion-of-bonds-to-stem-losses\nBloomberg A $1.3 Trillion Fund Pool for Junk-Rated US Firms Has Unlikely Lifeline: Japan's Banks\nhttps://www.bloomberg.com/news/articles/2023-04-20/the-1-3-trillion-clo-market-grows-more-dependent-on-japan-banks\nFRBNY Standing Repo Facility Approved Counterparties\nhttps://www.newyorkfed.org/markets/srflist-231201\nCBO Budget Update June 2024\nhttps://www.cbo.gov/system/files/2024-06/60039-Outlook-2024.pdf\nhttps://www.eurodollar.university\nTwitter: https://twitter.com/JeffSnider_EDU\nEurodollar University's Anniversary Webinar: The Fundamentals of Interest Rates over the Next 12 months.\nSign up below:\nhttps://event.webinarjam.com/channel/rates","thumbnail_url":"https://img.transistorcdn.com/-PtiTzNd5Hw0QA5KJSn4hxFg04siyhv-eokn_umaeKU/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzkyNDMvMTY2ODk5/MjU1OS1hcnR3b3Jr/LmpwZw.webp","thumbnail_width":300,"thumbnail_height":300}