Mark to Mayhem? Silicon Valley Bank and the consequences of aggressive rate hikes.
marketdepth.substack.com
It is ironic that in the same week that 2-year US Treasury bond yields hit 5% for the first time since the global financial crisis (GFC), the US banking system saw a bank run which resulted in Silicon Valley Bank (ticker SIVB) being taken into receivership by the Federal Deposit Insurance Company (FDIC) on Friday
Mark to Mayhem? Silicon Valley Bank and the consequences of aggressive rate hikes.
Mark to Mayhem? Silicon Valley Bank and the…
Mark to Mayhem? Silicon Valley Bank and the consequences of aggressive rate hikes.
It is ironic that in the same week that 2-year US Treasury bond yields hit 5% for the first time since the global financial crisis (GFC), the US banking system saw a bank run which resulted in Silicon Valley Bank (ticker SIVB) being taken into receivership by the Federal Deposit Insurance Company (FDIC) on Friday