Birdwatch Note Rating
2023-03-12 16:07:17 UTC - NOT_HELPFUL
Rated by Participant: C09F8BFA209C4125AAE986C176177280BD36E5C03E9CA33DA6F47CE773F1CF3E
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