
How Silicon Valley Bank Collapsed ft. Joseph Politano
The New Liberal Podcast
00:00
Why I'll Give You 970 for a $1,000 Bond?
Interest rates go up and the value of your bond goes down. If I bought a $1,000 bond in 2020 at 1%, it's going to be worth a Snickers bar. So this idea in a banking sense is that if you have securities, you can classify them as available for sale.
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