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Panic In The Banking System

The Macro Trading Floor

00:00

Silicon Valley Bank

Silicon Valley bank decided not to pay in the in the swap space against their bond holdings. It's a bizarre story and let us just remind our audience that we are recording on the Saturday so I mean something can still happen during the weekend here. A lot can happen this weekend Silicon Valley bank can be bought by another bank I would doubt it by myself but it can so lets see what happens.

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