Birdwatch Note Rating
2023-03-13 18:20:04 UTC - HELPFUL
Rated by Participant: 204D0115551472BE6C9683C1D4AD301635CEA3D47E10D2C7E78C23EF3D5754B5
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