Birdwatch Note Rating
2023-03-14 21:14:14 UTC - HELPFUL
Rated by Participant: 165FEBBEF4A2EE4666F6EA31A6E0E0192E3EE3878C4A96C89A14A6DB067F72D5
Participant Details
Original Note:
SBV was well capitalized but bought tens of billions of dollars of seemingly safe assets, primarily longer-term U.S. Treasurys and government-backed mortgage securities, and because of low interest rates they went down in value causing its failure https://www.wsj.com/articles/silicon-valley-bank-svb-financial-what-is-happening-299e9b65?st=k165edd5jl7wr28&reflink=desktopwebshare_permalink
All Note Details