Birdwatch Archive

Birdwatch Note Rating

2023-03-15 05:07:12 UTC - SOMEWHAT_HELPFUL

Rated by Participant: B9CC3CAA8357CE23167AB1665CD0703BC9ED8F55B71F8B1B56DC65BC1C92B6DD
Participant Details

Original Note:

Silicon Valley Bank invested it's customers deposits in low interest U.S. Treasury bonds yielding it an average 1.79%, far below the current yield of bonds around 3.9% due to interest rate hikes causing SVB to recognize a 1.8 billion loss due to inflation the bank failed. https://amp-theguardian-com.cdn.ampproject.org/v/s/amp.theguardian.com/us-news/2023/mar/10/silicon-valley-bank-collapse-explainer?amp_gsa=1&amp_js_v=a9&usqp=mq331AQIUAKwASCAAgM%3D#amp_ct=1678630571650&amp_tf=From%20%251%24s&aoh=16786299392955&referrer=https%3A%2F%2Fwww.google.com&ampshare=https%3A%2F%2Fwww.theguardian.com%2Fus-news%2F2023%2Fmar%2F10%2Fsilicon-valley-bank-collapse-explainer

All Note Details

Original Tweet

All Information

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  • version - 2
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  • helpfulnessLevel - SOMEWHAT_HELPFUL
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