2min chapter

The New Liberal Podcast cover image

How Silicon Valley Bank Collapsed ft. Joseph Politano

The New Liberal Podcast

CHAPTER

Silicon Valley Bank - You Know, It's a 3% Hit

Silicon Valley Bank had for one, they had made a insanely concentrated bet on these long-term bonds. For two, they did this while knowing that their deposit base is hilariously interest rate sensitive. Which and again, yeah, for your typical bank, you can survive like a 3% hit.

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