> buy all bonds in the market at a distressed level and make a hefty return.
How? They can't sell the bonds. And holding the bonds to maturity is questionable since CS may likely default. If it doesn't default, it would be thanks to a lifeline thrown by...SNB. So yeah, no idea what you're on about there.
How? They can't sell the bonds. And holding the bonds to maturity is questionable since CS may likely default. If it doesn't default, it would be thanks to a lifeline thrown by...SNB. So yeah, no idea what you're on about there.