Birdwatch Note Rating
2023-03-14 01:47:00 UTC - HELPFUL
Rated by Participant: EA81B53DE691D6940C5D60BC3F4359B22210BE792ED50B16C1FED53C653A7354
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