Well, SVB is big but it's just kind of a weird scenario ultimately. They tied up 90B$ in 10 year Treasury bonds right before the Fed started hiking rates (and hasn't stopped). So that's like 40,% of their assets tied up right there.
It's one of the most avoidable bank failures, definitely of this century.
Well, SVB is big but it's just kind of a weird scenario ultimately. They tied up 90B$ in 10 year Treasury bonds right before the Fed started hiking rates (and hasn't stopped). So that's like 40,% of their assets tied up right there.
It's one of the most avoidable bank failures, definitely of this century.