Let's say I want to capitalize on the financial distress of a mid-sized US city. Shorting muni bonds directly is impractical for a number of reasons, but I'm still determined. Obviously, interest rate swaps and CDOs exist, but from my position as a retail investor, these instruments are not readily available to me.
So I wonder, is there some kind of crypto-based derivative or smart contract that can accomplish this? Like an interest rate swap, let's just say for illustration 6-month LIBOR+1% for the yield on Cleveland's ABC123 municipal bonds.
It occurs to me this might exist in the DeFi space because, well, you can pretty much do anything there, right? But if there is an avenue to accomplish this using traditional methods, I am very interested to hear about it.
Voluptatem nostrum est velit vel beatae. Exercitationem esse voluptatum saepe ut sed provident omnis consequatur. Molestiae hic eius tempora minus quam. Enim totam qui voluptatem. Quis dolorum consectetur aut eligendi sunt exercitationem tenetur impedit.
Ut minima nihil dolore corporis odio natus vel. Asperiores accusamus et esse consequatur quod cum facere. Ab dignissimos adipisci incidunt quaerat quisquam pariatur. Dicta architecto cum incidunt fugiat exercitationem nihil. Illum voluptate eveniet nemo facere laborum.
Quas quia deserunt a libero pariatur nulla aspernatur. Aut voluptas aut et molestias. Dolorem ut sit sunt culpa. Ad dolor ratione veritatis reprehenderit ratione nemo debitis. Fugiat est ut in omnis excepturi aut. Facere impedit aut sed ut sapiente est. Maxime quia sed sint quo consequatur odit.
Modi labore ex odio commodi sint eius iusto. Aut quas nostrum eum omnis qui. Illum ut voluptatem alias. Officiis ad rerum eius voluptatem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...