Bloomberg. Layoff 80-100 people. Where is Wells in getting out of MBS?
- https://www.bloomberg.com/news/articles/2023-04-13/truist-to-end-sales-and-trading-of-mbs-government-agency-bonds?leadSource=uverify%20wall
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If gov debt becomes an asset no one wants, our entire economy will likely collapse worse than 1929.