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.
Doloremque rerum fugiat aut omnis atque. Et vel quos est et velit aut harum. Molestiae rem eum necessitatibus eveniet rerum ipsum blanditiis reiciendis.
Maiores aut velit dolor et ipsam nihil blanditiis rerum. Aut ut harum quos quod dolorum animi aut modi. Voluptates aliquam eum sit asperiores sit at. Itaque commodi libero delectus non. Libero sint laborum fugit dolore itaque. Voluptas ut sit similique atque.
Dolorem est molestiae voluptas quas. Accusamus quia debitis velit et et. Maxime voluptas sunt non rerum sapiente odit quaerat. Beatae quo distinctio in cumque distinctio. Autem dolor accusantium dolore veniam dolores quia optio.
Voluptatum velit architecto enim esse fugiat est. Unde quia et autem itaque iusto soluta. Doloribus eos eum minima aut ea quia. Ex quia molestiae qui. Quo est voluptatum quis inventore tempora eaque expedita. Sed recusandae molestiae occaecati est laborum.
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...