Guy Lebas

I didn't. I'm going to leave that to the 20-somethings.

I didn't. I'm going to leave that to the 20-somethings.

Yeah. I mean, I am a fixed income portfolio manager, so we're not usually the most exciting types in the world.

Yeah. I mean, I am a fixed income portfolio manager, so we're not usually the most exciting types in the world.

Well, that's a really interesting question. You know, we do track interest payments for riskier bonds, but our systems are all built around assuming that payments just come in when it comes to treasuries.

Well, that's a really interesting question. You know, we do track interest payments for riskier bonds, but our systems are all built around assuming that payments just come in when it comes to treasuries.

Here we go. I'll have to dig around a little bit, but it seems like a cleverly programmed widget.

Here we go. I'll have to dig around a little bit, but it seems like a cleverly programmed widget.

They represent the quarterly big interest payments the Treasury Department makes. And they cover payment on trillions of dollars of outstanding securities that are used across the global financial system.

They represent the quarterly big interest payments the Treasury Department makes. And they cover payment on trillions of dollars of outstanding securities that are used across the global financial system.

That day would look like lighting my hair on fire and running around in circles for the most part.

That day would look like lighting my hair on fire and running around in circles for the most part.

So a very large problem would show up on the CKG. Uh, a very large problem, meaning a missed interest payment on billions and billions and billions of securities. I find that scenario among the least likely. Um, And hopefully I still have that opinion three months from now.

So a very large problem would show up on the CKG. Uh, a very large problem, meaning a missed interest payment on billions and billions and billions of securities. I find that scenario among the least likely. Um, And hopefully I still have that opinion three months from now.

I really do not expect the Treasury Department to miss a payment.

I really do not expect the Treasury Department to miss a payment.

I didn't. I'm going to leave that to the 20-somethings.

Yeah. I mean, I am a fixed income portfolio manager, so we're not usually the most exciting types in the world.

Well, that's a really interesting question. You know, we do track interest payments for riskier bonds, but our systems are all built around assuming that payments just come in when it comes to treasuries.

Here we go. I'll have to dig around a little bit, but it seems like a cleverly programmed widget.

They represent the quarterly big interest payments the Treasury Department makes. And they cover payment on trillions of dollars of outstanding securities that are used across the global financial system.

That day would look like lighting my hair on fire and running around in circles for the most part.

So a very large problem would show up on the CKG. Uh, a very large problem, meaning a missed interest payment on billions and billions and billions of securities. I find that scenario among the least likely. Um, And hopefully I still have that opinion three months from now.

I really do not expect the Treasury Department to miss a payment.