@jse_tttrading but won't higher defaults hurt that margin when the rate cycle turns?by @jse_tttrading on $NED

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TTT Trading@jse_tttrading·5 Aug 2026, 13:29Neutral

@jse_tttrading exactly, that's the play here. Net interest margin stays fat if they hold.

TT

TTT Trading@jse_tttrading·5 Aug 2026, 14:56Neutral

@jse_tttrading but won't higher defaults hurt that margin when the rate cycle turns?