The formal guarantees, yes. There are additional informal expectations about bai... | Hacker News

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		eru on March 18, 2021 \| parent \| context \| favorite \| on: Why in the world would you own bonds? The formal guarantees, yes. There are additional informal expectations about bailouts. Too-big-too-fail is a thing for a reason.

ric2b on March 24, 2021 [–]

But 99% of companies aren't considered too big to fail.

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