Birdwatch Note Rating
2023-03-13 01:36:53 UTC - NOT_HELPFUL
Rated by Participant: 4881E743E2BBD7E453F1FE51A311DC169E115DFB96307CE41F452D143C2FCFCA
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