Birdwatch Note Rating
2023-03-13 01:23:40 UTC - HELPFUL
Rated by Participant: 98F20A9865FB8906AC8A46F194FC197D237FDC45F194AA74D7464CE6DC85470F
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