Mar. 7, 2023
March 7, 2023 We absolutely need more transparency on swaps data. As it is, household investors have zero insight into swaps and are unable to accurately assess investment risks. Also, it seems banks are overleveraged and it would be helpful to know who is most overleveraged. It hasn't helped that swaps data (which should be made available via Dodd-Frank) has been deliberately hidden from the public the last two years--which only underscores my belief that swaps data is hiding a lot of out-of-control leverage.