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The Daily cover image

A Third Bank Implodes. Now What?

The Daily

NOTE

The Chronic Phase of the Financial Market: Impact of Interest Rate Increases

The acute phase of the situation may be over, but the chronic phase is just beginning/nThe chronic phase is linked to interest rate increases over the past year and a half/nInterest rate increases can expose weaknesses in financial markets/nSilicon Valley Bank's exposure to rising interest rates played a big role in its failure/nThe Fed is expected to raise interest rates again at its upcoming meeting

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