>I thought this was caused by SVB buying long-term bonds which fell in value after interest rates went up I heard the same thing, but they took a gamble and lo

>I thought this was caused by SVB buying long-term bonds which fell in value after interest rates went up I heard the same thing, but they took a gamble and lost. That is free enterprise. People who when to SVB will loose too, again free enterprise. It was no secret interest rates were going to go up, so 2 years ago they should have sold those bonds and took a small loss.