Birdwatch Note Rating
2023-03-13 05:19:42 UTC - HELPFUL
Rated by Participant: 20D672D535AA74BAB9A0581CEFA76A0E77F3912FB4910C8229A436F3368798E3
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