Mar 9, 2023Liked by Paper Alfa

I detect a socratic approach here rather than didactic or, possibly, an existential view: bonds are in a state of becoming. As I fear commitment, I will "stand and wait" in T-bills. Excellent comment btw.

"They also serve who only stand and wait.” Milton


Expand full comment

Thank you for sharing your knowledge! This is a fantastic lesson.

Expand full comment