Birdwatch Note Rating
2023-03-18 16:00:36 UTC - HELPFUL
Rated by Participant: 5614EBA5386AA534D2E982EC84146821FEBF947084FA80A3819F5FB1A8EC41F6
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