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What the Hell Just Happened?

Real Vision: Finance & Investing

00:00

Silicon Valley Bank - The Cottage Industry for Private Equity

Yellen says the Fed balance sheet is rolling down, but it's not mean there's no duration or impact being pushed into the market. MBS market just has to absorb the amount of MBS that the Fed is back away. The Silicon Valley bank was really the poster child for this kind of dynamics. They'll be the earliest because of this weird confluence of where they're located in the customer base that they serve and how those interest rates impacted them.

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